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.
The board’s original three-member structure was superior to the five-person model in use today. Here's why it should be reinstated.
In an open letter to Sandra L. Thompson, President Biden’s nominee for director of the Federal Housing Finance Agency, two longtime advocates of the Federal Home Loan banks suggest a new path forward.
Demand for advances from the Home Loan banks has plummeted as the Federal Reserve has flooded the financial system with liquidity. But with a nudge from Congress, these government-sponsored enterprises could remain relevant by broadening their mission and opening membership to more lenders.
Fiscal restraint, the reversal of enormous amounts of monetary stimulus, smarter regulation and job retraining are among the public policy steps that could interrupt the long U.S. tradition of boom-and-bust cycles.
Two bills — one providing relief from a loan accounting standard and another extending forbearance measures — would collectively contain credit losses.
Lawmakers should go further than their recent criticism of the Financial Accounting Standards Board's loan-loss rule and just hand over its duties to the Securities and Exchange Commission.
Banks would have drowned if lawmakers hadn't delayed the new accounting standard during the coronavirus pandemic.
The government should encourage community lenders to offer six-month loan repayment forbearances to struggling businesses before it’s too late.
If the new accounting standard poses too many risks during an economic crisis, then it's probably not a good idea at all.
There are several forbearance measures the agencies can take now to keep banks from failing in a downturn triggered by the coronavirus.