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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.
June 12 -
Lawmakers delayed the new accounting standard as part of the stimulus package, but they shouldn't let bankers persuade them to eliminate it outright.
April 16George Mason University -
Policymakers should abolish the new accounting standard because it could distract banks at exactly the moment they need to be focused on pulling their communities from the brink of recession.
March 25Signature Bank of New York -
The new accounting standard meant to prevent another financial crisis could actually trigger one.
January 31 -
Readers react to states investigating payroll advance companies and the GOP's weak response to cannabis banking, heed a warning that nonbanks are prepared for CECL and more.
August 15 -
The accounting standard is coming regardless of a delay. It will bring some nonbank lenders to the forefront of banking competition.
August 15Moody’s Analytics -
The new accounting standard meant for publicly traded firms creates greater headaches for privately held community banks.
July 29Bank of St. Elizabeth -
Regulators should proceed with removing one of the margin requirements for trading swaps.
July 26Financial Services Forum -
Readers react to Congress vetting Facebook's Libra, heavily debate whether to delay CECL, opine on attempts to roll back overdraft laws and more.
July 4