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Fed Raises Rates Again to Slow Inflation
The Federal Reserve has been trying to slow inflation by raising interest rates, today issuing its smallest rate increase since June – raising the federal…
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November Inflation Less Bad Than Before, but the Fed Should Stay Focused on It
The latest consumer price index (CPI) released today by the Labor Department revealed that inflation, while still high, has been slowing as of November. That…
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Job Gains in November 2022 Amid Inflation, Economic Problems: CEI Analysis
The U.S. economy added 263,000 jobs in November while the unemployment rate held steady at 3.7 percent, according to the Labor Department. CEI experts break…
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Fed Should Do More to Fight Inflation with Interest Rate Increases
The Federal Reserve Chairman today confirmed that further interest rate increases are likely, maybe as soon as December. CEI economy expert Ryan Young says…
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House Premature on Rail Strike Intervention: CEI Analysis
The House today voted today on a resolution aimed at averting an impending strike by freight rail workers on December 9 – over a…
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Biden CFPB Asks Supreme Court to Review Ruling on Its Unconstitutionality
The Biden administration has moved to appeal an October court ruling against the Consumer Financial Protection Bureau (CFPB), a ruling that invalidated controversial restrictions on…
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FTX Crypto Problems Reveal SEC Shortcomings, As Well: CEI Analysis
The current collapse of cryptocurrency company FTX has exposed another festering problem with how the industry is being regulated, says CEI Senior Fellow John Berlau:…
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Biden Administration Proposes New Methane Rule that Will Harm Domestic Energy Production, Raise Prices
The Environmental Protection Agency announced a proposed rule today mandating reductions in methane from fossil fuel production. President Biden announced the proposed rule during a…
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CEI and Other Litigants File Brief Challenging Agency Authority to Regulate Emissions
The Competitive Enterprise Institute (CEI) and other litigants involved in Texas v. EPA recently filed an opening brief with the D.C. Circuit Court…
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US Economy Added Jobs in October, but Unemployment Remains High – Signs of Cooling
The U.S. added 261,000 jobs in October, while unemployment ticked up to 3.7 percent, according to data released today by the Labor Department. That’s more…
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Biden Wrong About “Junk Fees” in Sweeping Government Mandate
Today the Biden administration announced a new whole-of-government initiative against “junk fees” from airlines, banking, and other industries. But what he is calling junk fees aren’t…
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Report: Biden Upends Role of Federal Regulators to Seek Climate, Social Justice Policies
A new Competitive Enterprise Institute report documents how regulations imposed by the federal government on the private sector have radically shifted since President Biden…
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Union Risks Job Loss in Bid to Stop Kroger/Albertsons Merger, Warn CEI Antitrust Experts
Four local chapters of the United Food and Commercial Workers International representing some 100,000 workers are reportedly lobbying regulators and lawmakers to oppose the $25…
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Court Rules CFPB Funding Structure Unconstitutional: CEI Statements
A Fifth Circuit panel ruled Wednesday that the Consumer Financial Protection Bureau’s unusual funding structure is unconstitutional, in a lawsuit brought by a small-dollar (payday)…
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Kevin D. Williamson Joins CEI as Writer in Residence
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Kroger Merger with Albertsons Would Allow More Competitive Pressure on Other Market Leaders
Kroger announced a deal today to merge with Albertsons, which would combine the nations’ two largest chains of grocery stores into one company. The…
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Biden Labor Department Rule Makes “Employee” or “Freelancer” Even Harder to Determine
The Biden Labor Department today announced plans to use not a formal rulemaking but an interpretive rule to upend guidelines that help businesses determine whether…
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CEI Seeks Court Order on National Climate Task Force Records
The Competitive Enterprise Institute (CEI) sought a court order to preserve relevant documents and other materials from the White House’s National Climate Task…
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September Jobs Report Shows Signs of Business Recovery but Inflation Remains a Problem: CEI Analysis
The federal government today released its data on how many jobs the U.S. economy added during the month of September: 263,000. CEI experts offer analysis…
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Amid Hurricane Power Outages, Biden Administration Waives Senseless Jones Act Shipping Restrictions: CEI Statement
Competitive Enterprise Institute Senior Fellow Ryan Young praised the Biden administration for temporarily waiving shipping restrictions imposed by the 1920s era Jones Act. “The…
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CEI Welcomes Decision to Remove Manchin-Schumer Permitting Bill from the Continuing Resolution
The United States Senate voted to advance a continuing resolution without a permitting bill championed by Senator Joe Manchin (D-WV). After the text of the…
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Comprehensive Permitting Reform is Vital to Unleashing America’s Energy Abundance
WASHINGTON—The Biden administration and many environmental activists insist the United States and the rest of the world must transition to non-fossil fuel energy sources by…
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Negatives Outweigh the Positives in Manchin-Schumer Permitting Bill
Senate Majority Leader Chuck Schumer (D-NY) and Senator Joe Manchin (D-WV) released the text of a bill proposing minor changes to the federal permitting…
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CEI Supports Sullivan-Lee Amendment to Eliminate Unfair Advantages Given to China in Kigali Treaty
The Competitive Enterprise Institute strongly supports the Sullivan/Lee Amendment that would eliminate the unfair advantages given to China under the Kigali Amendment, but still opposes…
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Court Rules Against Vaccine/Mask Mandates Imposed by Federal Agency
Today, a federal judge in Louisiana ruled the federal government cannot require Head Start program teachers, staff and volunteers be vaccinated against COVID-19 nor that…
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National AI Strategy Needs Key Updates to Strengthen U.S. Position as Global Leader
WASHINGTON—The United States should make key revisions to its national Artificial Intelligence (AI) research and development strategy in order to stay ahead of competitors, according…
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NLRB Democrats Unveil New Rule Expanding Joint Employer Liability…Again
Democrats on the National Labor Relations Board have put forward a new rule expanding “joint employer” liability for businesses nationwide. CEI labor policy expert…
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CEI Experts React to August Jobs Numbers
The Labor Department’s Bureau of Labor Statistics reported 315,000 new jobs in the month of August, slightly below market expectations. The unemployment rate rose to…
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Judge Rules Illumina-Grail Merger is Legal Despite FTC Antitrust Accusations
In a decision reached today, an administrative judge ruled that a proposed merger between Illumnia and Grail can proceed after ruling against a move…
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Regulations Impede Innovation in Financial Services; Regulatory Sandboxes Are the Solution: CEI Report
A new Competitive Enterprise Institute report discusses the regulatory barriers financial services companies face in trying to bring innovative products and services to consumers…
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U.S. Economy Adds 528k Jobs In July Amid Inflation and Shrinking GDP, but Congress isn’t Helping: CEI Analysis
The U.S. economy added 528,000 in July, and the unemployment rate edged down to 3.5 percent, the U.S. Bureau of Labor Statistics reported today.
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Senate Votes on Sensible Reforms to Fix Broken Environmental Permitting System
In a vote that brings big implications for energy, mining, and infrastructure, the Senate voted today for reforms that would make improvements in the nation’s…
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GDP Woes Worsened by Lawmakers’ ‘Ready, Fire!, Aim” Spending Spree
Gross domestic product fell by 0.2 percent in the second quarter, according to the U.S. Commerce Department. Already there was a 0.4 percent decline in…
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Manchin/Schumer Deal on Health Care, Energy Spending is Bad News for Inflation, Taxpayers
Senate Majority Leader Chuck Schumer and Senator Joe Manchin reportedly announced a surprise deal on July 27 that resuscitates Democrats’ big government spending ambitions on…
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CEI Report: Stablecoin Benefits Threatened by Lawmakers, Regulators
Stablecoins can revolutionize payment systems, provide a stable store of value for people living under totalitarian or corrupt regimes, and lower transaction costs (particularly for…
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Statement by CEI Senior Fellow Ryan Young on the Fed’s Interest Rate Hike
The Federal Reserve today announced a 0.75 percentage point increase in the federal funds rate. It is the fourth such increase this year, and part…
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Senate-Passed Corporate Welfare “CHIPS” Bill Won’t Help U.S. Companies Out-Compete China
The Senate today passed the CHIPS+ Act, a bill that would hand over tens of billions of tax dollars to domestic production of semiconductors. CEI…
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Declaring National Climate Emergency Would Be an Abuse of Power and Further Raise Energy Prices
WASHINGTON—Recent reports suggest President Biden is considering declaring a “national climate emergency” citing authority under the Defense Production Act to impose energy policy in…
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Remembering Pat Michaels (1950-2022)
The Competitive Enterprise Institute and the entire policy community lost a friend and colleague last week. We mourn the death of Dr. Patrick J. Michaels…
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House Republican-Led Investigation into TikTok Data Practices Highlights Concerns with Blurred Lines Between Private Entities and Government
WASHINGTON—Two senior House Republicans announced a national security-focused investigation into TikTok today. Rep. James Comer (R-KY), ranking member of the House Oversight and Reform…
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Congress Has Bad Ideas on Tech Regulation: CEI Report
Congress has some bad ideas on regulating Big Tech, and a new Competitive Enterprise Institute report breaks it all down. “Lawmakers say they are concerned…
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CEI Amicus Brief Supports States Challenging Biden Administration Appliance Efficiency Standards
WASHINGTON—The Competitive Enterprise Institute (CEI) filed an amicus brief with the Fifth Circuit Court of Appeals last week, supporting Louisiana and a group…
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U.S. Economy Adds 372,000 Jobs in June – Good News for Recession Worries
The U.S. economy added 372,000 jobs in June 2022, according to a new tally released today by the government. Meanwhile, the unemployment rate held steady…
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CEI Experts React to Supreme Court’s West Virginia v EPA Decision
WASHINGTON—In deciding West Virginia v. EPA today, the Supreme Court held that Congress never authorized the Environmental Protection Agency to regulate carbon emissions from…
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CEI Report: Reforms to Universal Service Fund Will Allow the FCC to Cut Taxpayer Costs and Improve Broadband Affordability for Underserved Americans
WASHINGTON—Congress and the Federal Communications Commission (FCC) have an opportunity to both improve broadband connectivity and reduce costs to taxpayers by making some commonsense reforms…
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FDA Juul Ban Bad for Public Health: CEI Comment
The Food and Drug Administration is on the verge of ordering Juul Labs Inc. to remove its e-cigarettes from the U.S. market, according to a…
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CEI Report Proposes Legislation to Stop Future Congresses from Exploiting National Crises to Grow Government
WASHINGTON—The United States has been rocked by three major economic crises so far in the 21st century—the 9/11 terror attacks, the 2008 financial crash, and…
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Ninth Circuit Ruling Against Washington State Couple Opens Door to Wealth Taxes
WASHINGTON—A three-judge panel of the Ninth Circuit today ruled against Charles and Kathleen Moore’s constitutional challenge to President Trump’s Mandatory Repatriation Tax. The panel dismissed…
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Bipartisan Cryptocurrency Bill Takes Good Steps for American Innovation
Today, Senators Lummis and Gillibrand released their much anticipated bill on cryptocurrency regulation. CEI financial policy expert John Berlau praised aspects of the bill…
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Latest Employment Report Shows COVID Effects Lingering, Inflation Taking Toll
WASHINGTON—The Department of Labor reported today a gain of 390,000 jobs last month and that the unemployment rate remained at 3.6 percent, as did…