International experts from industry, academia, the financial community, and government share lessons learned from their efforts to objectively measure housing risk.
The Shadow Financial Regulatory Committee will discuss a variety of current financial regulation issues, including the Federal Reserve’s Lender of Last Resort activities, stress testing and living wills, and regulation of swaps.
In their quest for quick returns, activists make the mistake of forgetting that it takes time and patience to position any company for success.
While the US appeared to be moving away from subsidies that distorted agricultural markets in the early and mid-1990s, since then the House and Senate agricultural committees have been allowed to make a 180-degree turn.
Crony capitalism was a central theme of the weekend gathering organized by billionaire free-market crusader Charles Koch, with Koch and other speakers at the conference arguing that corporate welfare, protectionist regulations, bailouts not only hurt the economy, but they also corrupt business and politics and destroy the moral foundation of free enterprise.
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.