My latest article in American Banker explains how it was uninsured deposits, not brokered deposits, that led to 2023’s bank failures.
Uninsured deposits, not brokered deposits, led to 2023 bank failures Read More »
I couldn’t agree more with Jamie Dinon’s Washington Post opinion, titled “The next president must restore our faith in America,” calling for much needed leadership in the US that will unite us in these very difficult, divisive, and perilous times.
“The next president must restore our faith in America” by Jamie Dinon Read More »
Alex Pollock published an important column in the NY Sun: “The central bank is in circumstances that the authors of Dodd-Frank failed to anticipate — it’s been operating at a loss.”
William Isaac has released a new white paper on much-needed reforms for U.S. bank regulation and deposit insurance. The paper, “It’s Broken, So Let’s Fix It” uses Mr. Isaac’s decades of experience in banking and regulation to make recommendations on accounting rules, regulatory oversight, deposit insurance reform, and better and more effective US-centric capital rules.
Isaac Proposes Overhaul of U.S. Bank Regulation & Deposit Insurance Read More »
Ed Pinto at the American Enterprise Institute discussed the American housing market in a new podcast interview, and the AEI released a compelling 9-minute video on the topic.
AEI: “The Forgotten Solution to the Housing Crunch” Read More »
I sat down with Interactive Brokers Podcast Host and Senior Economist Jose Torres to discuss how today’s regulatory failures mirror past crises and what we need to fix our financial system.
My good friend, Peter Tanous, has written a thoughtful article for CNBC on the necessity of the U.S. joining most of the rest of the world in adopting a Value Added Tax as a critically important step toward significantly reducing our dangerously out of control debt problems. I believe firmly that we must also reduce senseless Federal spending but, realistically, that alone will not do the job. We will also need a reasonable and fair way to increase Federal revenues. It’s time for the VAT tax coupled with a substantial reduction in wasteful Federal spending.
“A value-added tax is one solution to the crippling debt problem” by Peter Tanous Read More »
My latest article in The Hill emphasizes the importance of identifying leaders at the FDIC who can attract and retain talent by treating employees with respect and dignity. The FDIC is an important institution with a noble goal, and misbehavior must not be tolerated.
Former FDIC chair: Workplace culture at the FDIC can and must be fixed. Read More »
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 »
My latest article in The Hill, co-written with my friend Tom Vartanian, challenges the amount of power that the Director of the CFPB, an unelected official, can wield. Having a politicized official at the helm of this agency will do the American consumer more harm than good.
Why does one unelected bureaucrat get to decide credit card fees? Read More »
