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Other countries have already lowered interest rates below zero, and the financial stability concerns of such a policy taking shape in the U.S. should not be dismissed.
February 11
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Federal Reserve Board Chair Janet Yellen faced tough questions Wednesday by House Financial Services Committee lawmakers over the central bank's regulatory treatment of big banks.
February 10 -
While the courts generally accord deference to regulators, Judge Rosemary M. Collyer of the D.C. District Court appeared highly skeptical of the Financial Stability Oversight Council's case during the first round of oral arguments on Wednesday.
February 10 -
Sen. Bernie Sanders' victory in New Hampshire will undoubtedly boost his campaign, but his plan to cap interest rates for credit card and other consumer loans at 15% won't help anyone in the short term and could potentially wreak havoc on low-income people in the long term. Here's how.
February 9IntraFi Network -
The proposal is unlikely to pass, but does shed light on the administration's plans for housing finance reform, how it views cybersecurity progress and a proposed tax on bank liabilities that could become a reality if a Democrat takes the White House in November.
February 9 -
The election of a Republican president could be the first prerequisite to repealing the financial reform law, but banks still need to argue their case for why repeal is necessary.
February 8
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The House passed a bill Thursday 250-169 that would limit regulators' ability to force banks to cut ties with certain businesses despite Democratic fears that it could hamstring the Justice Department's ability to prosecute bankers responsible for the financial crisis.
February 4 -
Democratic front-runner Hillary Clinton is increasingly on the defensive when asked why so many banks and hedge funds on Wall Street have given her money, insisting it doesn't influence her tough reformist views. But it raises the question what institutions hope to gain with all their money.
February 4 -
In a presidential race dominated by populists and even an aging socialist, the establishment candidates that bankers prefer Hillary Clinton and Marco Rubio had a good night in Iowa on Monday. But the race is far from over, and the Iowa results showed some ominous signs as well.
February 2 -
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.
February 2 -
In an exclusive survey of bankers nationwide, American Banker found that regulatory relief and ensuring fintech companies faced banklike rules were the two top priorities for the industry this year while taxing credit unions and restructuring the CFPB took a back seat.
January 29 -
WASHINGTON Large banks will simulate their ability to weather both deflation and a recession among the annual economic scenarios provided by the Federal Reserve Board on Thursday for the central banks 2016 stress tests.
January 28 -
Presidential candidates' arguments to stop the Federal Reserve from paying interest on banks' excess reserves betray a poor understanding of monetary policy and why the Fed began the practice. Here's why.
January 28
American Banker -
Banks that prioritize structural changes in their compliance process will make risk frameworks more effective and sustainable over time.
January 27
McKinsey & Company -
American International Groups announcement Tuesday that it plans to split off its mortgage insurance business takes the prospect of a broader breakup off the table in the short term, but some observers think the firm may still break itself up eventually.
January 26 -
American International Group announced $3.6 billion in new costs to fill a reserve shortfall and said it will hold an initial public offering for its mortgage insurer and sell an adviser network as Chief Executive Peter Hancock seeks to boost returns and protect his job after criticism from activist investor Carl Icahn.
January 26 -
Regulators and alarmists are targeting a key source of financing on which some of the best-known American companies rely.
January 25
Ebenconcepts -
Progressives' push for a more drastic overhaul of the industry ignores post-crisis changes that have had an undeniably positive effect.
January 22
IBM Global Business Services -
International events like the Davos economic forum should remind business leaders of the importance of being stewards and of having workforce diversity.
January 19
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An international regulatory body said this week that they are looking at setting new, enhanced leverage ratio requirements for the largest global banks, a move that echoes the higher standards in the U.S.' supplemental leverage ratio and demonstrates why going beyond international accords can influence the rest of the world.
January 14