Finance

March 20, 2024 — This transaction analysis looks into the market dynamics at play in the Capital One-Discover merger and examines how the proposed acquisition may fare under review from antitrust enforcement and bank regulatory agencies.

December 20, 2023 — As consensus builds to eliminate unfair and anti-competitive “junk fees” across the economy, credit card issuers have continued to extract billions in revenue from their customers in late fees, aided by a decade-old regulatory “safe harbor” loophole. However, a new CFPB rule aims to drastically reduce credit card late fees, make paying down credit card debt easier, and save Americans $9 billion yearly.

September 14, 2023 — This brief is about the Credit Card Competition Act, legislation that would mitigate a private sales tax of 2-4% levied through the credit card system on virtually every business, big and small.

August 31, 2023 — This policy brief from the American Economic Liberties Project and Democracy Forward sets the record straight on the stakes of the upcoming Supreme Court case, CFSA v CFPB.

June 20, 2023 — Amid the turmoil in the banking sector and administration officials’ worrying comments on bank consolidation, "Revitalizing Bank Merger Enforcement To Restore Competition and Fairness in Banking" sets the record straight on the subject: Banking authorities can — and must — use their existing power to promote competition across the industry and protect the American economy.