Poverty and Inequality
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Op-Ed
The Case Against 30-Year Mortgages
Subsidized debt drives up prices, sucks up wealth, and makes it hard for millennials to buy homes.
Originally published inThe Wall Street Journal
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Policy Brief
Vought Charts New Path for the CFPB
Russell Vought signals a shift toward proportional, efficient regulation after years of CFPB overreach under Rohit Chopra.
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Op-Ed
Sen. Richard Durbin’s Long-Term Love Affair With Price Controls
Senator Dick Durbin has spent much of his career in a love affair with price controls. He flirted with them in his infamous Durbin Amendment, the addendum to the 2010 Dodd-Frank Act. He renewed his vows…
Originally published inRealClearMarkets
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Litigation
SPPI Files Federal Complaint After New Mexico Attorney General Fails to Act
The Southwest Public Policy Institute (SPPI) has filed a formal complaint with the Consumer Financial Protection Bureau (CFPB) regarding the loan-sharking lending practices of former State Representative Tara Jaramillo and her company, Positive Outcomes, Inc. The…
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Policy Brief
Lip Service Masquerading as Credit Inclusivity
When Wells Fargo first rolled out its Flex Loan program, it was heralded by advocates like The Pew Charitable Trusts as evidence that America’s largest banks were finally offering an “affordable” alternative to short-term credit products.…
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Op-Ed
Why senators’ efforts to kill overdraft fees is overkill
Capping overdraft fees won’t help struggling families, it will cut off their last line of credit.
Originally published inThe Hill
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Op-Ed
Out of One, Many
As CFPB retreats, the new danger is a jumble of state-level mandates.
Originally published inAmerican Banker
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Op-Ed
How payday loan restrictions can hurt the people they’re meant to help
Good intentions don’t pay the bills. But choice, transparency, and access can.
Originally published inAnchorage Daily News
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Policy Brief
Out of One, Many
Why banks, payment networks, merchant servicers, and financial firms will face a harder four years, and what to do about it.
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Press Release
The Southwest Public Policy Institute Proudly Presents: The Economic Dunce Award
For exceptional achievement in ignoring market realities and promoting policies that backfire spectacularly.