Topic
Regulatory Restructuring
The revamp of the financial regulatory structure has become a top priority for policymakers as they work to stop the financial crisis. Much of the immediate focus is on giving the government oversight powers of systemically important institutions, sometimes referred to as "too big to fail" institutions. The Obama administration has recommended the creation of a systemic risk regulator to oversee such firms, which include bank holding companies, insurance companies, and large hedge funds. It has also championed a bill that would give resolution powers over systemically important firms to the Federal Deposit Insurance Corp. Several lawmakers have also called for the consolidation of existing bank regulators. Policymakers are expected to wrestle with the issue this year in an effort to come up with a new system. Following is some of American Banker's critical coverage in this area.
Hill Vote Targets Secured Creditors
Joe Adler contributed to this story. | Nov 19The House Financial Services Committee narrowly passed an amendment Wednesday that would raise the cost of funding for the largest financial institutions and cut ...
Regional Fed Role at Issue in Dodd Bill
American Banker | Nov 17Regulatory reform legislation offered by Sen. Dodd will force a fight over something far more fundamental than the Fed's supervision powers: the independence of the central bank.
Reg Reform: So Much to Fight, So Little Time
American Banker | Nov 16Financial industry representatives are scrambling to find a strategy for responding to the massive regulatory reform bill the Senate Banking Committee aims to pass ...
Dodd Goes for Broke with Tough Reform Bill
American Banker | Nov 11A draft version of Sen. Chris Dodd's bill introduced on Tuesday was so far-reaching it would pick a fight with virtually every entrenched interest involved in the debate ...
Panel Vote Is First Test of Proposed Reg Revamp
American Banker | Oct 14The House Financial Services Committee is scheduled Wednesday to begin debating the first two pieces of regulatory reform, and its vote will set a crucial marker before ...
Republicans Cast GSEs as a Key to Reg Overhaul
American Banker | Oct 09As if the drive to reform the financial regulatory system did not have enough moving parts, Senate Republicans pressed Thursday to include the future of Fannie and Freddie in the debate.
Dodd Builds Support to Create Single Regulator
American Banker | Sep 30The Senate Banking Committee Chairman made a concerted push to create a single prudential regulator despite opposition from his counterpart in the House and ...
Geithner: Reform Making "Progress"
American Banker | Sep 30Treasury Secretary Timothy Geithner continued to push for his regulatory restructuring plan, arguing that the administration is making progress and signaling a ...
Frank Makes Changes to CFPA Bill
New version would drop 'plain vanilla' requirement
American Banker | Sep 23In advance of a hearing on regulatory reform proposals, House Financial Services Committee Chairman Barney Frank outlined his changes late Tuesday to legislation ...
Despite Differences, Hill Leaders Tout Reg Reform
American Banker | Sep 23While acknowledging differences in their approach to regulatory reform, Rep. Frank and Sen. Dodd said Tuesday that they are making significant progress on the legislation.
