SIFIs

Federal Reserve Gov. Daniel Tarullo strongly defended bank regulators’ responses to the 2008 financial crisis and faulted competing Republican proposals to replace the Dodd-Frank Act with a simpler, single leverage requirement as shortsighted.

With the anti-globalism sentiment growing in parts of Europe and the U.S., a "my country first" approach to international bank regulation will hurt financial institutions and their local economies.

Some regulators have begun to acknowledge that it's time to rethink the regulatory system put in place in the wake of the financial crisis, while others are raising warnings about weakening safeguards.

President-elect Donald Trump recognizes that full repeal of the Dodd-Frank Act is unlikely, though he supports a House effort to make significant changes, according to a former banker who was on the shortlist to be Treasury secretary.

WASHINGTON – The House is expected to vote on a bill this week that would change the way banks are designated as systemically important and subjected to tougher regulatory requirements.

With the election of Donald Trump in the U.S. and an increasingly isolationist mood pervading European banking regulators, the international Basel III accords that underpinned much of the global post-crisis regulatory framework face an uncertain future.

The president-elect could take aim at the Federal Reserve's ties to Wall Street, bailout authority and other reforms if he really means to take steps to help working people.

The Atlanta Federal Reserve Bank was already under pressure to replace outgoing president Dennis Lockhart with a person of color – preferably the first African-American to head a Fed bank. But the election of Donald Trump has compounded the importance of the pick.

If President-elect Donald Trump selects House Financial Services Committee Chairman Jeb Hensarling as his Treasury secretary, it would be a clear sign that he intends to embrace a more traditional Republican agenda when it comes to financial services issues.

The megabanks that emerged relatively unscathed from the crisis are cited as proof of universal banking's benefits, but recent events have debunked that claim.

Employees at the Treasury Department's Office of Financial Research have raised concerns about racial discrimination and dysfunction at the agency, according to internal documents and videos posted online.

Global banking regulators said some U.S. lenders present a bigger risk to the financial system than last year and should face stiffer capital requirements to ward off threats.

Politicians clamoring for the largest U.S. institutions to be broken up have failed to consider the prospect of China acquiring a bigger piece of the American banking system.

For all of the sophisticated ways criminals might try to launder money, banks still need to defend against low-tech methods that aren’t easy to track.

Federal Reserve Chair Janet Yellen has promised to serve out her term heading the central bank until it expires in 2018, ending speculation that she could resign earlier and give President-elect Donald Trump another important appointment to make when he assumes office in January.

A long-awaited report by the Federal Reserve’s Office of Inspector General found “significant variability” between regional banks’ willingness to consider dissenting supervisory views, and said the challenges facing the New York Fed are especially daunting.

The president-elect should consider establishing an executive-level office to inform his administration on ushering in a new era of financial regulation — one that is much savvier about new technology and big data.

Minneapolis Federal Reserve Bank President Neel Kashkari has sketched out what he calls a streamlined, simplified post-crisis regulatory structure that can end "too big to fail" and prevent financial crises – but it comes at the expense of economic growth.

The surprising outcome of last week's presidential election is already causing some banks to adjust interest rates on loans and rethink their technology spending.

In a highly anticipated report, the Government Accountability Office found room for the Fed to improve its stress testing program, but its criticisms fell far short of industry hopes that the watchdog would provide cover for sweeping changes to the program.