Issues

Study Calls into Question Fuel Economy Regulation Benefits

May 29, 2013 J

James Valvo In August 2012, the Department of Transportation and Environmental Protection Agency (EPA) finalized another increase in the government-mandated corporate average fuel economy standards (CAFE).  The Obama administration claimed that the new 54.5 mpg mandate for cars and light trucks will “save consumers more than $1.7 trillion at the gas pump and reduce U.S. oil consumption [...]

THE DURBIN AMENDMENT TURNS THREE

May 15, 2013 J

Jason Hughey Monday marked the three-year anniversary of the Senate’s passage of the Durbin Amendment as an attachment to the Dodd-Frank Act of 2010.  The amendment prevented banks from charging more than 24 cents per debit card transaction.  Before Durbin, banks were charging roughly 44 cents per debit card transaction.  In the aftermath of the [...]

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