The Consumer Financial Protection Bureau is everything that both proponents and critics thought it would be, and that’s not a good thing.

The Federal Reserve and all the other central banks have in these days declared their absolute commitment to perpetual inflation. That this is the best policy is far from proved.

Ben Bernanke’s 2012 lectures on central banking as he has studied and practiced it, now published as The Federal Reserve and the Financial Crisis, make a short, direct and instructive discussion of what is the world’s most potent financial institution, for better and for worse.

It is impossible to make riskless deposits out of the inherently risky business of banking. But governments everywhere insist on trying to do it anyway.

Four years after the end of the Great Recession, and three years after the passage of the financial-reform legislation, America's megabanks are even bigger.

What does it mean to be 'Backed by the full faith and credit' of the US?

Is macroeconomics a science? Charles Wolf shows how it is not in his May 22 op-ed "Austerity and Stimulus--Two Misfires."

Using the logic of Jim Bullard,  president of the Federal Reserve Bank of St. Louis, to determine when a bank is too big and needs to broken up, it is time to break up the Fed.

The Dodd-Frank Act was intended, in part, to eliminate “too big to fail.” Ironically, it may have an almost opposite effect, by making community banks too small to succeed.

Community banks are crucial to the vitality of the American economy, yet the Dodd-Frank Act will make them less robust.