William Isaac

My latest article, co-authored with Stephen Gannon, calls for Congress to codify many of Trump’s executive orders related to bank regulation. Many of these orders restore due process, fairness and transparency to the banking rules, and should be made more permanent through legislation.

My latest article, co-authored with Cornelius Hurley, was published today in Bloomberg Law. While we agree that U.S. banking regulation is in dire need of serious reform, we caution against speculation that the administration might cut the FDIC. As a former Chairman of the FDIC and, in Con’s case, a former Director of an FHLB, our long careers have helped us understand what works and what doesn’t in regulation. While the FDIC provides a vital service to American banking, we would advise the new administration to look at cutting a different entity: the FHLB system. Our article compares the historical context and present-day usefulness of these two bodies, and recommends a path forward.

My latest article in The Hill, coauthored with my good friend Tom Vartanian, offers guidance as the incoming Trump administration promises to modernize banking regulation. Regulation must become smarter, the number of federal financial regulators should be consolidated, and the roles of the FDIC and Federal Reserve should be refocused.