BPC’s Financial Regulatory Reform Initiative highlights news articles, papers and other important work which illuminate current and new thinking within financial regulation.
“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.”
Anticipated legislation from Rep. Waters will elaborate upon Democratic principles articulated earlier this year
After several critical years in the wake of the housing meltdown, the market recovery is continue to take shape. However, the recovery could be much stronger if housing reform sees immediate action, specifically the pursuit of more widespread principal reduction,…