I spoke with the Financial Times about financial regulation and the new Trump administration.
Trump’s recruitment of watchdog chiefs impeded by talk of regulatory cuts Read More »
The next presidential administration will need to appoint competent leaders with innovative ideas for how to regulate the financial services industry, including banks and non-banks. Recent turbulence has demonstrated that our current regulatory system is no match for social media, cryptocurrency, and AI.
“An unseen financial threat looms before Trump and his Treasury” by Tom Vartanian Read More »
Steve Forbes’ latest commentary calls for an end to the Basel Capital Accords. His piece quotes my recent article in American Banker.
“Time To Bury The Basel Banking Accords” by Steve Forbes Read More »
I have known and respected French Hill for many years. He knows well that our nation’s continued success depends on healthy financial markets and a vibrant and strong banking sector.
Rep. French Hill’s Plans for the American Banking System Read More »
I enjoyed addressing the Association of FDIC Alumni in D.C. last month. My keynote remarks touched on many of the topics in my paper “It’s Broken, So Let’s Fix It.”
AFDICA Keynote Remarks Read More »
Here is a blast from the past, sent to me by Ralph Elosser, formerly of the FDIC when it won a coveted award for cash management from the U.S. Treasury. You might recognize the guy on the far right who was a very young Chairman of the FDIC.
A blast from the past! Read More »
My good friend Tom Vartanian’s latest article in The Hill reminds us of the damage a cyber event could cause to the banking industry, especially after last week’s Bank of America glitch that showed twenty thousand customers’ account balance as $0.
“The internet’s worst ‘zero day’ could drain all of our bank accounts” by Tom Vartanian Read More »
I joined Oliver Renick on Schwab Network to discuss the Fed’s decision to cut rates by 50BPS.
“50BPS Rate Cut, Powell and Inflation” on Schwab Network Read More »
My good friend, Alex Pollock, Senior Fellow at the Mises Institute, has published a very important article in the American Banker on what he considers the illegal funding of the Consumer Financial Protection Bureau by the Federal Reserve System.
“The CFPB is funded by the Fed’s profits. Trouble is, there are none” by Alex Pollock Read More »
The Federal Reserve continues to struggle with adoption of Basel III. I firmly believe it is a futile and useless exercise, which should be abandoned, as I state in my most recent article in the American Banker, summarized here. I declined to adopt Basel I when I was Chairman of the FDIC and believe it
It’s time for the US to withdraw from the Basel capital accords Read More »
