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 »
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 »
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 »
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 »
Last Saturday Butch and his wonderful partner, Pam Clark, watched the Ohio State game together and had dinner. Some 12 hours later, Butch died in Pam’s arms. I don’t believe he could have ever scripted a better ending for his great life. I didn’t get to say goodbye, but I spoke with him by phone last Friday and texted him “Go Bucks” during Saturday’s game.
Remembering Charles Arthur (Butch) Isaac Read More »
How did the federal debt reach the crisis levels we see today? Having spent over 50 years in the banking industry, including nearly a decade at the FDIC from the late 1970s through the mid-1980s, I’ve seen this all before.
It’s time to stop uncontrolled federal spending without raising taxes. Read More »
In a new article published in The Hill, I propose five much-needed reforms to stabilize and strengthen today’s banking system.
FDIC reforms to stabilize and strengthen banking Read More »
My latest article in The Hill is co-authored with my long-time friend Tom Vartanian.
The Fed wants more power after the banking collapse. We need real reform — and less Fed. Read More »
