International experts from industry, academia, the financial community, and government share lessons learned from their efforts to objectively measure housing risk.
The latest from James Pethokoukis and the AEIdeas blog.
Covering a housing or banking story today? Here’s the latest from the experts on the AEI financial services team.
The Dodd-Frank Act delegated far more discretionary power to financial regulators than had ever been granted before and undermined the checks and balances that had historically marked the process.
The administration’s refusal thus far to admit that the Dodd-Frank Act may be responsible for what could be a future financial catastrophe, must be seen as a wholly political effort to defend what they see as one of President Obama’s key legacies.
The legislation has hit the banking industry hard, hurting the recovery. Worse is its effect on the rule of law.
In his testimony before the House Committee on Financial Services, American Enterprise Institute (AEI) economist and banking expert Paul Kupiec discusses two legislative proposals to reform the Federal Reserve.
Before the next economic downturn, Congress should replace Dodd-Frank. With this modest first step, together we can begin to win back America’s promise.
On the fifth anniversary of the Dodd-Frank Act, Chairman Jeb Hensarling (R-TX) and a panel of experts in financial regulation explain the need for reform.
On the 5 year anniversary of Dodd-Frank, which imposed massive new regulations on the US financial system, AEI economic scholars weigh in on the impact the legislation has had.
To meet the FSB’s stated goals, TLAC requirements must impose minimum TLAC at all subsidiaries and restrict how TLAC funds can be invested. An equivalent, but much simpler solution is to significantly increase regulatory capital requirements on systemically important bank subsidiaries.
As the Fed becomes more involved with international standard-setting bodies such as the Financial Stability Board, the International Association of Insurance Supervisors, and the Basel Committee on Banking Supervision, Congressional supervision becomes necessary in order to prevent any conflict of interest between the Fed and foreign regulatory agencies.