Better living through better policy.

Tag: Price Controls

American Banker: Death by a thousand caps—State laws could kill credit card rewards

Post author By Patrick M. Brenner
Post date March 29, 2025
No Comments on American Banker: Death by a thousand caps—State laws could kill credit card rewards

A group of states are pursuing similar efforts to cap credit card interchange fees, endangering rewards programs that customers value, and raising concerns about an illegal interstate compact.

Tags Credit Card Rewards Programs, Credit Cards, Dodd-Frank Wall Street Reform and Consumer Protection Act, Durbin Amendment, Interchange Fees, MasterCard, Price Controls, Supreme Court of the United States (SCOTUS), Swipe Fees, Transactions, Visa

2025 Legislative Session Budget and Spending Conservatism Culture Debt Domestic Policy Economic Opportunity Economy Government Regulation Government Spending Government Transparency and Accountability Legal and Judicial Markets and Finance New Mexico Political Thought Poverty & Welfare Poverty and Inequality Progressivism Public Opinion Top Issues Updates

Banking on Failure: House Bill 130’s Public Bank Will Deepen New Mexico’s Credit Crisis

Post author By Patrick M. Brenner
Post date January 18, 2025
No Comments on Banking on Failure: House Bill 130’s Public Bank Will Deepen New Mexico’s Credit Crisis

A public bank is a forced gamble with taxpayer dollars that ignores market realities, mandates risky lending, and risks compounding the damage caused by the artificial credit crisis created by New Mexico’s interest rate cap.

Tags Angela Merkert, Bank of North Dakota, Community-based Financial Institutions, Credit, Earned Wage Access (EWA), Finance, Financial Losses, Free Market, Interest Rate Cap, Lending, No Loan For You!, Patricia Roybal Caballero, Price Controls, Public Bank of New Mexico, Tara L. Lujan, Taxpayer Risk

Colorado Conservatism Culture Domestic Policy Economic Opportunity Economy Government Regulation Legal and Judicial Life Markets and Finance Political Thought Poverty & Welfare Poverty and Inequality Progressivism Public Opinion Top Issues Updates

Colorado’s War on Credit

In this June 15, 2018 file photo, twenty dollar bills are counted in North Andover, Mass. (AP Photo/Elise Amendola)

Colorado’s HB23-1229 threatens consumer access to credit and economic growth.

Tags American Financial Services Association (AFSA), American Fintech Council (AFC), Buy Now Pay Later, Consumer Financial Protection Bureau (CFPB), Credit, Debt, Depository Institutions Deregulation and Monetary Control Act of 1980 (DIDMCA), Lending, National Association of Industrial Bankers (NAIB), No Loan For You!, Price Controls

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SPPI Expresses Disappointment in Supreme Court Ruling Upholding CFPB Funding Structure

Post author By Liam Gray
Post date May 16, 2024
No Comments on SPPI Expresses Disappointment in Supreme Court Ruling Upholding CFPB Funding Structure

The Southwest Public Policy Institute warns that this decision will embolden regulatory overreach and drive consumer prices up.

Tags Consumer Financial Protection Bureau (CFPB), Credit, Elizabeth Warren, No Loan For You!, Personal Finance, Price Controls, Rate Caps, Rohit Chopra, Testimony

Alaska Culture Domestic Policy Economic Opportunity Economy Government Regulation Legal and Judicial Life Markets and Finance New Mexico Political Thought Poverty & Welfare Poverty and Inequality Press Reports Testimony Top Issues Updates

Conclusion of Alaskan Legislative Session: Victory for Alaskan Consumers

Post author By Liam Gray
Post date May 16, 2024
No Comments on Conclusion of Alaskan Legislative Session: Victory for Alaskan Consumers

The Southwest Public Policy Institute applauds the Alaskan Senate Finance Committee’s decision to not advance House Bill 145 and Senate Bill 264, ensuring continued consumer access to diverse emergency credit options.

Tags Alaska, American Financial Services Association (AFSA), Credit, No Loan For You!, Online Lenders Alliance (OLA), Personal Finance, Price Controls, Rate Caps, Testimony

SPPI to Testify in Alaska Against Consumer Credit Price Control Bills

Post author By Liam Gray
Post date April 29, 2024
No Comments on SPPI to Testify in Alaska Against Consumer Credit Price Control Bills

The Southwest Public Policy Institute (SPPI) has been invited to provide expert testimony in the upcoming legislative sessions for Alaska House Bill 145 and Alaska Senate Bill 264, which will take place on April 30, 2024.