Bank regulation supports financial stability, but might constrain economic activity. This paper estimates the macroeconomic effects of bank regulation using a high-frequency identification approach.
The Trump administration is preparing a shake-up of anti-money-laundering rules, in an effort to overhaul a system for catching illicit transactions by drug traffickers, terrorists and other criminals ...
Former US President Donald Trump gestures as he returns from a break at the New York State Supreme Court during the civil fraud trial against the Trump Organization, in New York City on December 7, ...
As a Category III bank, Truist Financial is slated to be a big winner from these newly released guidelines. The bank stands ...
The Federal Reserve’s top banking cop told the US Senate on Thursday that she’s looking to unveil retooled bank regulations before the end of March, with a focus on boosting mortgage lending. Fed Vice ...
The banking system is sound, but tailoring and easing some regulations will allow banks to compete with non-bank financial institutions, Federal Reserve Vice Chair for Supervision Michelle Bowman said ...
Modernization of the bank regulatory system is essential, but it is a task that requires precision and thoughtful application of some basic principles, writes Gene Ludwig, of Ludwig Advisors. It is ...
The Fed doesn’t just set interest rates. It needs to be able regulate banks independently too, to make sure the financial system keeps running in good and bad economic times. The Federal Reserve is ...
The administration's haphazard overhaul of financial regulatory bodies has produced confusion and uncertainty. What regulators should be prioritizing now is bringing a sense of stability to the ...