The Federal Reserve and Congress have created and dumped into the economy massive amounts of debt at close to zero interest rates, allowing us to ignore the problems while they have mushroomed beyond control.
Back to the Future? Read More »
Secura/Isaac Group and First Financial Network today announced their new Advisory Alliance relationship to provide a comprehensive suite of services to banks and other financial institutions. The collaboration will help their financial institution clients reduce their risks and optimize their strength and profitability through first-class services including regulatory advice and assistance, loan valuations, loan and asset sale strategies, and balance sheet realignment.
Secura/Isaac Group & First Financial Network Announce Strategic Alliance Read More »
This article was written in response to a thoughtful and important opinion piece authored by my good friend, Alex Pollock, about the need for Congressional oversight of the Federal Reserve, something recently advocated by Rep. French Hill in the House and Sen. Rand Paul in the Senate.
National Debt, Inflation and the Federal Reserve Read More »
Larry Kudlow’s opinion in the NY Sun regarding the 3+% GDP growth announced by the U.S. government this past week. Unfortunately for those celebrating this event – particularly those in the White House – the bad news, as Kudlow notes, is that all of the growth is attributable to massive deficit spending by the government, which will not have a happy ending for consumers, businesses, and taxpayers.
“About That 3 Percent GDP Growth” by Larry Kudlow Read More »
My latest article in The Hill explains why CAMELS ratings, an important tool in bank regulation, must not be made public.
“Why regulators’ confidential bank ratings should not be public information” Read More »
My latest article, co-authored with my friend Thomas Vartanian, argues that the SEC learn from history and regulate the crypto industry in order to protect the public interest.
“Why is the SEC still allowing crypto to run wild?” Read More »
I urge you to read the New York Sun editorial titled “How Will We Survive the ‘Deluge of Debt’?”. We all know and talk about the mountain of debt that exists not only in the in the United State but throughout the world. It was my incredible honor, as Chairman of the FDIC, to work side by side with the legendary central banker now deceased, Paul A. Volcker, from 1978 when he was appointed by President Carter as Chairman of the Federal Reserve.
“How Will We Survive the ‘Deluge of Debt’?” by the New York Sun Read More »
My longtime friend and colleague, Tom Vartanian, has published a new article in The Hill on the urgent need to impose meaningful federal regulation on the Crypto industry. He makes a compelling case for protecting the public from potentially significant losses in these volatile and risky instruments.
“How many more times will we be conned by crypto?” by Thomas Vartanian Read More »
I joined Schwab Network’s “Market on Close” to give my perspective on the Federal Reserve’s announcement yesterday that it would keep its key interest rate unchanged heading into 2024.
Schwab Network’s “Market on Close” on Federal Reserve Read More »
The Federal Deposit Insurance Corporation is in the hotseat following the Wall Street Journal’s report of sexual harassment issues at the agency. Incidents of this nature tarnish the reputation of an agency that has brought so much comfort and financial security to the citizens of our great nation. The FDIC is a proud and extraordinary organization working
The FDIC Under a Microscope Read More »
