News, Updates & Insights
I accepted the Philanthropy award on behalf of Sarasota Private Trust Company at Goodwill Manasota’s 2023 Community Ambassador of the Year Awards event.
My long-time friend, Alex Pollock, has written what might be the most timely and important of the many thoughtful pieces he has authored over a lifetime of great scholarship. The article addresses the issue of whether the Federal Reserve should be subject to Congressional oversight when setting interest rates and determining the supply of money.
I joined the Federalist Society’s Regulatory Transparency Project for a panel discussion moderated by my good friend Alex Pollock.
I spoke with Zoe Sagalow at S&P Global Market Intelligence on the suspension of Toronto-Dominion Bank’s acquisiton of First Horizon Corp., explaining how these processes work from a regulatory perspective.
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.
Alex Pollock, who has devoted much of his lifetime to studying the financial world, has written two new articles about highly questionable monetary policy actions taken by the Federal Reserve in coordination with the US Treasury’s TARP bailout programs
Larry Gordon and I sat down for a wide-ranging interview covering the banking and thrift crises from 1978 through 1992 when the FDIC dealt with thousands of deeply troubled banks and thrifts, some 3,000 of which failed, including many of the largest regional banks in the nation.
I joined host Jack Farley for an episode of the Forward Guidance podcast, during which we discussed my background in banking and the lessons I learned that should be applied today.
I spoke with American Banker about the Fed, FDIC, and OCC’s newly proposed capital rule changes.
Regulators have been acting in an ad-hoc manner, albeit in good faith, for over six decades (including during the period when I was Chairman of the FDIC). This unending practice of bailouts of large banks and large depositors must end––now.
I urge Congress and the regulators to develop a plan to reform the deposit insurance system to end bailing out the largest depositors when banks fail.
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.
My good friend, Alex Pollock, wrote a recent article for the New York Sun that I highly recommend every concerned citizen read about the manner in which the Federal Reserve has been handling monetary policy in recent decades and the need for its policies to be overseen, perhaps by a special bi-partisan Congressional oversight committee.…
It was an enormous pleasure to join host Roger Zakheim, Director of the Reagan Institute, in a nearly hour-long conversation, covering the ongoing federal budget and debt crisis and the role that the FDIC plays in protecting American’s financial security. I urge you to set aside the time to listen intently to this extremely timely and important topic. Our nation’s future is clearly on the line.
In a new article published in The Hill, I propose five much-needed reforms to stabilize and strengthen today’s banking system.
I joined Yahoo! Finance TV once again to discuss today’s banking crisis and what’s to come.
I spoke with FT’s Brooke Masters on the lessons banks must take from SVB’s meltdown.
I joined BNN Bloomberg to discuss the ongoing U.S. banking troubles.
I spoke with the Financial Times on JPMorgan’s takeover of First Republic as a public service.
I spoke again with Politico’s Sam Sutton on the chaos that is threatening our banking ecosystem.
I spoke with Marketplace podcast about how the FDIC can help stabilize banking.
Now more than ever, proper preparation will be key to banks’ survival. This article was written by Jim Watkins and Ed Hida of Secura/Isaac Group to encourage banks to plan for tougher regulatory oversight.
I spoke with Brooke Masters of Financial Times for her latest article on today’s banking crisis.
My latest article in The Hill is co-authored with my long-time friend Tom Vartanian.
I spoke with Annmarie Hordern and Joe Mathieu on Bloomberg’s “Balance of Power” about reports that the FDIC may place First Republic Bank under receivership, and talked about the report the Federal Reserve put out on the collapse of Silicon Valley Bank.
My review of Thomas Vartanian’s new book, “The Unhackable Internet: How Rebuilding Cyberspace Can Create Real Security and Prevent Financial Collapse,” was published in American Banker.
My recent opinion in the Wall Street Journal was cited in this article on SVB’s failure, published by the Global Association of Risk Professionals.
I was pleased to speak with my hometown newspaper, The Bryan Times, about my career, the banking system, what led to the recent bank failures, and how we should move forward.
My friend, Alex Pollock, Senior Fellow of the Mises Institute, published a disturbing but important article in the New York Sun on Friday. It shows graphically how destructive our fiscal and monetary policies have been over the past two decades. These policies began with massive deficit spending by Congress, approved by the last four Presidents.…
I recommend a recent Wall Street Journal article by Kevin Warsh, former Governor of the Federal Reserve and a Visiting Fellow at the Hoover Institution. Kevin’s intelligent and heartfelt piece discusses the Federal Reserve’s failed experiment in monetary policy which began a little over 20 years ago. It has been an abject failure, particularly when…
William Isaac and Mitchell Glassman discuss today’s banking crisis with First Financial Network’s Founder & CEO, Bliss Morris.
I appeared on Bloomberg Markets to discuss SVB’s bank failure and the FDIC’s reaction with host Alix Steel.
I authored an opinion article in yesterday’s Wall Street Journal on the FDIC’s decision to cover 100% of SVB and Signature Banks deposits, even for those depositors who were uninsured.