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Entries in Dodd-Frank (33)

Tuesday
Apr152014

CEI Today: Dodd-Frank ruling, chemicals & bees, and EPA captured

Tuesday, April 15, 2014
In the News Today

DODD-FRANK LOST IN COURT - JOHN BERLAU


Openmarket.org: First Ever Constitutional Ruling against Dodd-Frank Voids Destructive “Conflict Minerals” Section


Monday’s ruling of the D.C. Circuit Court of Appeals that Dodd-Frank’s “conflict minerals” disclosure mandate violates the First Amendment is the first time ever a court has ruled that a provision of Dodd-Frank violates the Constitution. And it couldn’t happen to a more misguided and destructive provision of the law!

The conflict disclosure mandate creates a compliance nightmare, hurts American miners and manufacturers, and does the greatest harm to those it was intended to help — the struggling worker in and nearby the Democratic Republic of Congo.
> Read more

> Interview John Berlau

CHEMICAL BANS & HONEYBEE HEALTH - ANGELA LOGOMASINI

Openmarket.org: Encouraging News about Honeybee Health


A recently released study in Europe reports some good news about honeybee health, which should prompt public officials to reexamine a recent ban on some agricultural products. This latest study adds another wrinkle to the debate, indicating that the problem is not as widespread as people think, and that other factors are in play, such as cold weather. It underscores why we need to continue to study the issue rather than push rash and unhelpful bans. > Read more

> Interview Angela Logomasini

CAPTURING THE EPA - WILLIAM YEATMAN

Globalwarming.org: Matthew Dowd, Meet the EPA


Green groups like the Sierra Club and NRDC have “captured” EPA, in the same way that industry was thought to have done to regulators in the 1960s. These environmental organizations spend significant resources on getting their preferred candidates elected. In return, they enjoy political spoils. The most conspicuous manifestation of this capture is the continuously revolving door between the non-profit, public (i.e., EPA), and private “green” sectors of the economy. > Read more


> Interview William Yeatman


Consumer’s Guide to
Chemical Risk


CEI‘s recently released booklet, A Consumer’s Guide to Chemical Risk: Deciphering the “Science” Behind Chemical Scares,” are tools designed reduce both the confusion and fear about chemicals. 
> Read more

CEI Podcast for April 9, 2014: A Consumer’s Guide to Chemical Risk

 

    

 

CEI is a non-profit, non-partisan public policy group dedicated to the principles of free enterprise and limited government.  For more information about CEI, please visit our website, cei.org, and blogs, Globalwarming.org and OpenMarket.org.  Follow CEI on Twitter! Twitter.com/ceidotorg.

 


CEI President Lawson Bader
@libertynkilts

The rising class-war chorus

Saturdays, 10am ET
Realclearradio.org


*Tax Day Special*

Guests: Grover Norquist, founder and president of Americans for Tax Reform, and Robert Reich, University of California, Berkeley Professor and former Secretary of Labor

CEI’s Battered Business Bureau: The Week in Regulation

The Mazama pocket gopher is neither a threatened nor endangered species, but three of its subspecies are the unwitting recipients of more than 1,600 acres of critical habitat in Washington State.

 




Tuesday
Feb112014

CEI Today: Crowdfunding rules, Dodd-Frank diversity quotas, WV chemical spill, and more 

Monday, February 10, 2014
In the News Today

CROWDFUNDING - JOHN BERLAU

Proposed SEC Rules on Crowdfunding Threaten Access to Capital By Locking Out Ordinary Investors


Last week marked the deadline for the Securities and Exchange Commission (SEC) to accept public comments on proposed regulations to permit companies to offer and sell securities through crowdfunding. In submitted comments, Competitive Enterprise Institute Senior Fellow
John Berlau argues these proposed rules could result in “costly, paternalistic requirements on crowdfunding that have the effect of keeping the status quo and locking ordinary investors out of startup capital.” > Read more

> Interview John Berlau

DODD-FRANK DIVERSITY QUOTAS - HANS BADER

Dodd-Frank “Diversity” Hiring Quotas Unconstitutional

The Dodd-Frank Act regulates the financial sector, but what many people do not know is how far its regulations go in mandating racial and gender hiring practices. This Friday, February 7, marks the deadline for public comment on recently proposed regulations to extend the reach of those requirements. Legal scholar Hans Bader at the Competitive Enterprise Institute challenges the policy proposal’s constitutionality as it pressures banks to involuntarily institute “diversity quotas." > Read more

 

> Interview Hans Bader

CHEMICAL SPILL - ANGELA LOGOMASINI


Openmarket.org: More Regulation Is Not the Answer to West Virginia Chemical Spill

The recent chemical spill in West Virginia has green groups clamoring for more regulation, including expansion of Environmental Protection Agency power under the Toxic Substances Control Act. However, regulation is not a magic wand that will fix such problems, which resulted from human error and failed implementation of regulations and programs already on the books.
> Read more

> Interview Angela Logomasini

REGULATION - WAYNE CREWS

Openmarket.org: Deadweight Cost of Regulation

Deadweight costs of budget regulations comprise a potentially significant category of government induced cost that doesn’t get addressed, even in surveys that find the cost of government to be already substantial. > Read more


> Interview Wayne Crews

 

    

 

CEI is a non-profit, non-partisan public policy group dedicated to the principles of free enterprise and limited government.  For more information about CEI, please visit our website, cei.org, and blogs, Globalwarming.org and OpenMarket.org.  Follow CEI on Twitter! Twitter.com/ceidotorg.

 

 




Thursday
Feb062014

CEI - Dodd-Frank “Diversity” Hiring Quotas Unconstitutional!

CEI Legal Scholar Urges Agency to Revise Policy


Washington, DC, Feb. 6, 2014 – The Dodd-Frank Act regulates the financial sector, but what many people do not know is how far its regulations go in mandating racial and gender hiring practices. This Friday, February 7, marks the deadline for public comment on recently proposed regulations to extend the reach of those requirements. Legal scholar Hans Bader at the Competitive Enterprise Institute challenges the policy proposal’s constitutionality as it pressures banks to involuntarily institute “diversity quotas."

"Courts have said diversity is not reason enough to use race or gender in the hiring process, and ruled unconstitutional agencies’ use of race and gender to promote diversity in regulated businesses,” said Bader. “We urge the ‘Proposed Statement’ be revised to avoid judging the diversity policies of banks or other regulated entities based on their use of numerical goals, metrics, or percentages with regard to diversity in hiring or contracting, because it may lead to unlawful discrimination by the regulated entities.”

As Bader has previously warned, the diversity requirement in question may not even increase minority representation as intended but will certainly “impose substantial compliance costs on banks.”

Note: Under Section 342 of the Dodd-Frank Act, the agencies required to issue the proposed policy statement include: the Board of Governors of the Federal Reserve System, the Consumer Financial Protection Bureau, the Federal Deposit Insurance Corporation, the National Credit Union Administration, the Office of the Comptroller of the Currency, and the Securities and Exchange Commission.

> View the CEI public comment


CEI is a non-profit, non-partisan public policy group dedicated to the principles of free enterprise and limited government.  For more information about CEI, please visit our website, cei.org, and blogs, Globalwarming.org and OpenMarket.org.  Follow CEI on Twitter! Twitter.com/ceidotorg.

Friday
Jan242014

CEI Today: Court grants Obamacare appeal, attack on anti-bacterial soap, Target and data security, and an EPA bamboozle

Friday, January 24, 2014
In the News Today

OBAMACARE LAWSUIT & APPEAL - SAM KAZMAN


Court Grants Expedited Appeal in Obamacare Lawsuit

The D.C. Circuit on Thursday granted our motion for an expedited appeal in a lawsuit challenging IRS implementation of Obamacare. Specifically, the lawsuit seeks to enforce the letter of the law, which precludes the federal government from providing tax credits to purchase health insurance on federal exchanges.

 

“As this motion for a speedy appeal makes clear, there are compelling reasons for the appeals court act to quickly, because people are making their health insurance plans and billions of taxpayer dollars are now being spent each month in insurance subsidies for policies purchased through federal exchanges,” said Competitive Enterprise Institute general counsel Sam Kazman in a statement. > Read more

> Interview Sam Kazman

ANTI-BACTERIAL SOAP BAN - ANGELA LOGOMASINI

Palm Beach Post: Immune compromised patients will suffer from anti-bacterial soap ban

 

Many people with compromised immune systems use antibacterial soaps and gels, particularly when they’re on the go, to reduce health risks. But environmentalists have launched a campaign to ban triclosan, the active ingredient in these soaps. That action would do nothing for public health while thwarting consumer access to helpful products. > Read more

> Interview Angela Logomasini

 

TARGET & DATA SECURITY - JOHN BERLAU

Openmarket.org: Target, Retailers Use Dodd-Frank to Skimp on Data Security

Chutzpah, thy name is the National Retail Federation! In the wake of the recent credit and debit card breach at Target that may have compromised the data of up to 110 million consumers, the leading retail trade association argued in federal court on Friday that it should pay even less for fraud prevention and cleanup after fraud losses.


Joined by the National Association of Convenience Stores and the National Restaurant Association, the NRF claimed to the court that it is actually against the law for banks and credit unions to charge retailers for fraud losses in debit card processing fees. > Read more


> Interview John Berlau

> Follow John Berlau on Twitter

 

 

EPA BAMBOOZLE - WILLIAM YEATMAN

Globalwarming.org: EPA Bamboozles Science Advisory Board on Carbon Pollution Standard

 

Yesterday, I listened in on the EPA Science Advisory Board (SAB) teleconference call regarding a possible SAB review of the science underlying the agency’s proposed Carbon Pollution Standard, and what I heard was shocking.


Simply put, EPA misled the SAB, in order to avoid a potentially embarrassing review. By my count, EPA told the SAB three whoppers about the Carbon Pollution Standard. > Read more

> Interview William Yeatman

 

    

 

CEI is a non-profit, non-partisan public policy group dedicated to the principles of free enterprise and limited government.  For more information about CEI, please visit our website, cei.org, and blogs, Globalwarming.org and OpenMarket.org.  Follow CEI on Twitter! Twitter.com/ceidotorg.

 

 

Score one for Obamacare


Last week, a federal court struck down one of the major legal challenges to the Affordable Care Act. Washington, D.C.

Saturdays, 10am ET


Realclearradio.org

 

 




Friday
Jan172014

CEI Today: Wikileaks zaps trade, the state liquor monopoly, liberals criticize Volcker Rule, and new OSHA workplace rules

Friday, January 17, 2014
In the News Today

WIKILEAKS &  TRANS-PACIFIC TRADE AGREEMENT - FRAN SMITH

Openmarket.org: Trade Issues Heat Up — A New TPP Leak, “Fast-Track” Bill

 

WikiLeaks on January 15 leaked another chapter of the negotiation text of a major trade agreement – the environmental chapter of the Trans-Pacific Partnership Agreement (TPP). Environmental groups jumped on the text and said the U.S. position outlined in the documents shows backward steps in areas such as enforcement of environmental provisions and deference to multilateral environmental agreements (MEAs). Derailing agreements by forcing other issues to be equally considered can curtail that growth and indeed impede progress in those other areas. > Read more

> Interview Fran Smith

 

STATE LIQUOR MONOPOLY - MICHELLE MINTON


Richmond Times-Dispatch: Don’t ‘fix’ state liquor monopoly -- get rid of it

If you believe in limited government and free enterprise, ending a state-run liquor monopoly should seem like a no-brainer. So why is a Virginia Republican trying to further entrench the Old Dominion’s system of state liquor stores? Rather than working to shrink the size of government, Del. Dave Albo, R-Fairfax, is advancing a plan to make the state-run enterprise even more profitable to increase state revenues. This will make this outmoded system even harder to get rid of in the future.
> Read more

> Interview Michelle Minton

VOLCKER RULE  - JOHN BERLAU

Openmarket.org: “Wall Street” Regs Devastate Main Street Banks and Credit Unions

At House Financial Service Committee hearings this week on implementation of the Volcker Rule and the “qualified mortgage” rule from the Dodd-Frank “financial reform” law enacted in 2010, some of the most liberal members of Congress expressed concern about overreach. > Read more


> Interview John Berlau

> Follow John Berlau on Twitter

NEW WORKPLACE RULES - TREY KOVACS


Workplacechoice.org: OSHA Injury and Illness Name-and-Shame Rule

 

Under the guise of improving safety in the workplace, the Occupational Safety and Health Administration announced a proposed rule called, “Improve Tracking of Workplace Injuries and Illnesses.” > Read more


> Interview Trey Kovacs

> Follow Workplacechoice on Twitter

 

Announcing...

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CEI is a non-profit, non-partisan public policy group dedicated to the principles of free enterprise and limited government.  For more information about CEI, please visit our website, cei.org, and blogs, Globalwarming.org and OpenMarket.org.  Follow CEI on Twitter! Twitter.com/ceidotorg.

 

 

CEI President Lawson Bader on the "Groundhog Day" of unemployment benefit extensions.

Video: RealClearPolitics Panel on Energy Policy

featuring CEI's William Yeatman