PayThink

The only way to put an end to "too big to fail" is to safely unwind banks without a government rescue according to Jeffrey Lacker, president of the Federal Reserve Bank of Richmond.

Young families looking to put down roots in a community must be served if we are going to grow our economy and sustain the housing recovery.

What's the most inane complaint your bank has ever received?

The Consumer Financial Protection Bureau, created under the 2010 Dodd-Frank reform law, is now taking consumer complaints on money transfers before the agency finalizes any changes to its remittance rule.

We must make clear that in all bank failures all creditors, other than insured depositors, will face risk of loss so that neither the FDIC nor taxpayers will lose money.

Forcing traders to strap computers on their heads may sound extreme, but consider the current threat. Saving billions from trading losses might take the sting out of the loss of privacy.

An honest debate over our "too big to fail" problem and a sound policy response are incompatible with a wait-and-see approach to the laws already on the books.

If we're powerless to break up the banks, we're also powerless to bail them out should they fail. Bloated size, leverage and managerial dysfunction will do the work the public can’t.

Credit Union Journal's Frank Diekmann explains why credit unions must proactively tell members why they need them.

Michael E. Fryzel explains why paying credit union board members could hurt the credit union movement.