A Capital One–Discover Merger is Capital D Dangerous for the U.S. Financial System and American Consumers
February 20, 2024 — In response to news that Capital One is attempting to acquire Discover Financial Services for $35.3 billion, the American Economic Liberties Project released the following statement.
Big Banks’ High Credit Card Rates Underscore Need for Competitive Banking Reform
February 16, 2024 — In response to a new report from the Consumer Financial Protection Bureau showing that the largest banks charge 8-10% higher credit card interest rates than smaller financial institutions, the American Economic Liberties Project released the following statement.
52 Advocacy Groups Endorse FTC’s Ban on Junk Fees
February 8, 2024 — A broad coalition of consumer advocacy groups submitted a joint comment to the Federal Trade Commission in response to its November 2023 Notice of Proposed Rulemaking on junk fees, supporting the Commission’s proposal to ban hidden and misleading fees across the economy and create a fair marketplace for honest businesses and consumers.
Economic Liberties and Vanderbilt Policy Accelerator Release Blueprint to Fix the Airline Industry
January 26, 2024 — As alarming recent safety incidents shine a spotlight on the dangers of a deregulated airline industry—atop longstanding discontent with shrinking seat sizes, bogus fees, chronic delays and cancellations, and route closures—the American Economic Liberties Project and Vanderbilt Policy Accelerator today released a new report, “How to Fix Flying: A New Approach to Regulating the Airline Industry,” providing a comprehensive set of policy options to address the ongoing crisis.
Economic Liberties and Legal and Historical Scholars File Amicus Brief in NetChoice v. Paxton
January 24, 2024 — The American Economic Liberties Project, along with a group of distinguished academics, filed an amicus brief in the Supreme Court case, NetChoice v. Paxton, arguing that the Court should refuse to extend heightened First Amendment protections to social media platforms that hold themselves out as modern-day public squares.