White Paper No. 14October 2026

The Moral Hierarchy of Debt

Why America’s Most Trusted Loan Is Its Most Expensive, and Who Decided Otherwise

Latest

In the News

SPPI in the News: September 2026

Six September pieces on what regulators may weigh, four coalition letters, and the late-July and August pieces our last roundups missed.

September 30, 2026

White Paper No. 12

Oklahoma’s Parchment Guarantee

Two Oklahoma statutes point in opposite directions for a captive risk retention group, and seven years of enforcement built on the one a court later rejected still has not answered whether the company can pay its claims.

Patrick M. Brenner and Gregory A. SchroederSeptember 27, 2026

Coalition Letter

SPPI Joins Coalition Urging FTC to Revise Its Personalized Pricing Proposal

The letter asks the Federal Trade Commission to narrow its proposed personalized pricing policy statement, require proof that a consumer's personal data affected the price before alleging a violation, and protect ordinary discounts and price changes.

Patrick M. BrennerSeptember 25, 2026

All work

Op-Eds

All op-eds

As published in

The Wall Street JournalThe Washington PostFox NewsNational ReviewThe HillAmerican BankerRealClearMarketsThe Washington TimesNewsmaxDC JournalWashington Examiner

Issues

Events

No upcoming events are scheduled. See past events.

Newsletter

A monthly email with new research, testimony and op-eds.

Support SPPI

SPPI is a 501(c)(3) nonprofit, and gifts are tax-deductible to the extent permitted by law.