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.
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.
The Consumer Financial Protection Bureau's plan to rein in payday and other lenders has some noticeable benefits for consumers, but much of the proposal should be revised.
The pervasiveness of consumers' credit problems highlights why the Consumer Financial Protection Bureau's upcoming short-term lending rules should avoid unintended consequences.
The potentially wide-ranging effects of an appeals court decision in Midland Funding v. Madden could deal a serious blow to preemption under the National Bank Act.
The first protection a consumer needs is the assurance that any new reforms will not inadvertently drive all regulated credit from the market.
The central bank should not delay putting in place a long-term plan that diminishes its outsized influence and allows the financial markets to work without interference.