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CEI Lunch Briefing: Disarming Financial Regulation
CEI Lunch Briefing: Disarming Financial Regulation

Financial regulation in the United States, which was supposed to protect our bank accounts and investments from fraud and theft, has become an institution of social control by ideologically motivated politicians, bureaucrats and activists.

A political agenda that would never have passed an honest vote in Congress is finding its way into our economic institutions and our daily lives through the back door. The federal government has now decided that before anyone can open a bank account, run a public company, or bid for government contracts, they must pass a left-wing litmus test that determines whether they are progressive enough.

The White House under Joe Biden, the US Securities and Exchange Commission under Gary Gensler and even Elizabeth Warren’s “anti-crypto army” have decided that financial transactions are reserved only for the privileged class and not the average American.

We invite you to a CEI luncheon and briefing where we will discuss these threats and propose strategies to counter them.

Please join CEI on Capitol Hill for a lunchtime briefing on the instrumentalization of financial regulation featuring CEI Senior Fellow Richard Morrison, Cato Institute Policy Analyst Nicholas Anthony, and Satoshi Action Fund Policy Director Eric Peterson.

When: 12:00 – 13:00, Wednesday, July 31, 2024

Where: 2360 Rayburn House Office Building – the main hearing room of the House Small Business Committee.

Register: https://tfaforms.com/5135351

Guests will be served a Chick-fil-A lunch. Seating is limited, please RSVP now to secure your spot.

In terms of the Congress’s ethics rules, this is a well-attended event.

Nicholas Anthony is a policy analyst at the Cato Institute’s Center for Monetary and Financial Alternatives and a fellow at the Human Rights Foundation (HRF). Anthony’s research covers a wide range of topics in monetary and financial economics, including central bank digital currencies (CBDC), financial privacy, cryptocurrencies, and the use of money in society. Anthony is the author of Digital currency or digital control? Decoding CBDC and the future of money and his work was published in Wall Street Journal, Market observation, Business Insiderand numerous other media outlets. Anthony has testified before Congress and maintains the HRF CBDC Tracker, which documents the development of CBDCs and civil rights concerns around the world. Originally from Baltimore, Anthony holds a Bachelor’s degree in Economics and Business Administration from Towson University and a Master’s degree in Economics from George Mason University.

Richard Morrison is a Senior Fellow at the Competitive Enterprise Institute, where his work focuses on the relationship between economic and political freedom. He has been widely cited for his research on corporate governance and financial regulation, particularly environmental, social and governance (ESG) theories. He is also the host of the Free the economy Podcast. He previously served as senior editor at CEI and managing editor of the OpenMarket blog. He also served as program manager of CEI’s Center for Advancing Capitalism, where he coordinated outreach to the business community, universities, and other key allies. Before rejoining CEI in 2014, he served as communications manager at the Tax Foundation, where he also hosted and produced the weekly Tax Policy Podcast. Before that, he served as CEI’s director of media relations and new media from 1999 to 2010, during which time he hosted the Liberty Week podcast. He received his Bachelor of Arts in Government from Claremont McKenna College.

Eric Peterson is the policy director of the Satoshi Action Fund, a nonprofit organization that advocates and educates on digital assets like Bitcoin. Thanks to their work, several bills on the subject have been passed at the state level. Prior to working at Satoshi Action, Eric worked at both the Pelican Institute in Louisiana and Americans for Prosperity.

By Aurora