CFPB Saves Working Families Billions By Closing the Late Fee Loophole
March 5, 2024 — In response to the release of a final rule from the Consumer Financial Protection Bureau banning excessive credit card late fees and capping the typical fee at $8—down from the current $32-$41—the American Economic Liberties Project released the following statement.
Biden’s SOTU Should Champion Competition Agenda Wins
March 1, 2024 — Ahead of the 2024 State of the Union, the American Economic Liberties Project released a new memo looking back at the successes of the Biden Administration’s revolutionary competition agenda, and calling on the President to highlight these victories in his address on March 7.
Congress Must Support DOJ Antitrust Division, Not Kneecap Them, to Curb Concentrated Corporate Power
March 4, 2024 — In response to the latest slate of government budget details negotiated by Congress, which includes a disastrous 20% proposed cut to the Department of Justice Antitrust Division’s budget—roughly $45 million less than enforcers were expected to receive—the American Economic Liberties Project released the following statement.
Biden Digital Trade Update Paved Way for Smart Data Security Executive Order
February 28, 2024 — Today as the Biden administration announces a new Executive Order on data security that prevents the large-scale transfer of Americans’ personal data to countries of concern, American Economic Liberties Project’s Rethink Trade Director, Lori Wallach, released the following statement:
Arizona AG Targets RealPage Rental Housing Price Fixing Cartel in New Antitrust Lawsuit
February 28, 2024 — In response to news that the Arizona Attorney General Kris Mayes has filed an antitrust suit against RealPage and 11 residential landlords for colluding to raise prices through the anticompetitive sharing of rent data, the American Economic Liberties Project released the following statement.