State of the Financial Sector
Former FDIC Chair Sheila Bair and House Financial Services Committee Chair Jeb Hensarling (R-TX) talked about the state …
Financial stabilization regulation of Large Complex Financial Institutions (LCFI's) i.e., "too big to fail," requires the top level holding … read more
Financial stabilization regulation of Large Complex Financial Institutions (LCFI's) i.e., "too big to fail," requires the top level holding company have sufficient non-risk weighted long-term debt, excluding that held by other LCFI's. Orderly Liquidation Authority does not enshrine 2008-9 type bail-outs prohibited by Dodd-Frank. Financial Stability Oversight Council (FSOC) properly identifies potentially systemic non-bank financial firms for oversight. Must strengthen capital ratios & simplify capital rules. Must disclose unencumbered assets & increase transparency of corporate structure, size, & complexity for determination of candidates for break-ups. close
Former FDIC Chair Sheila Bair and House Financial Services Committee Chair Jeb Hensarling (R-TX) talked about the state …
Wells Fargo Chair and CEO John Stumpf appeared before the House Financial Services Committee apologizing for the sales p…
Federal Reserve Chair Janet Yellen testified at a hearing on monetary policy and bank regulation and supervision. She to…
Secretary Jack Lew gave the Department of the Treasury’s annual report on the status of the international financial syst…