William M. Isaac
ChairmanWilliam M. Isaac, a former chairman of the Federal Deposit Insurance Corp. and Fifth Third Bancorp, is chairman of Secura/Isaac Group and Blue SaaS Solutions.
William M. Isaac, a former chairman of the Federal Deposit Insurance Corp. and Fifth Third Bancorp, is chairman of Secura/Isaac Group and Blue SaaS Solutions.
Some legislators and consumer groups want federal regulators to block such alliances. Here’s why that’s a bad idea.
The standards board has been granted vast authority without having to answer to policymakers, and its latest accounting method, CECL, will be a disaster for small banks.
The FDIC should consider limiting its toughest restrictions on brokered deposits to problem banks.
The SEC and FASB control the process now, but Congress should give banking regulators a more central role in overseeing the creation of accounting rules.
As the FDIC considers reforms to its brokered deposit rules, the agency should recall the problems these funds caused in the lead-up to the S&L crisis, argues former Chairman William Isaac.
As the debate over housing reform heats up, policymakers should give careful consideration to a plan that recapitalizes the government-sponsored enterprises.
Partnerships with financial technology companies could be effective in helping banks meet small-dollar credit demand, but those partnerships face a legal cloud. Thankfully Congress is considering adding needed clarity.
As long as Fannie Mae and Freddie Mac exist, they must have adequate capital so taxpayers will never again be compelled to help them meet their financial obligations.
Suspending Fannie Mae and Freddie Mac's regular dividend payments to the Treasury, thus enabling the companies to replenish their reserve capital, would put their future on better footing.
The solution to "too big to fail" is requiring all creditors, other than insured depositors, to face the risk of loss so that neither the FDIC nor taxpayers lose any money.