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What We’re Reading in Financial Regulatory Reform, September 26

Finance / Blog September 26, 2014

“Responding to Systemic Risk: Restoring the Balance”
By John C. Dugan, Peter R. Fisher, and Cantwell F. Muckenfuss III, co-chairs of BPC’s Systemic Risk Task Force

“Certain provisions of Dodd-Frank, however, are cause for concern, because they unnecessarily restrict the ability of the Federal Reserve and the FDIC to provide short-term liquidity to the financial system to mitigate the real-economy impact of a financial panic or crisis and they also restrict the ability to guarantee the debt of healthy financial companies in similar circumstances.”

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