News Topic: CreditSlips

So the New York Times has just finished a three-part series on arbitration . ... Read full article

So former Senator Judd Gregg has an op-ed in The Hill opposing the administration's plan for a territorial version of chapter 9. In the piece, he tells us "[a]ny bankruptcy bill for Puerto Rico would punish retirees whose pension funds invested ... Read full article

Temple Law Review will soon publish a volume honoring Bil ... Read full article

As exam grading season looms, some professors lament. ... Read full article

It’s easy for Progressives to get excited about the idea of postal banking: a public option for banking! What’s not to love? ... Read full article

Credit Slips has great readers, and I'd love to encourage more of our readership to comment. ... Read full article

A regular trope sounded by opponents of consumer financial regulations is that the regulations have resulted in the disappearance of free checking. ... Read full article

After months of fielding criticism for standing idly by while Puerto Rico sank under a $72 billion debt heap, the Obama Administration is getting creative. On October 21, the U.S. Treasury, the Department of Health and Human Services, and the National ... Read full article

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BAPCPA's been in effect for 10 years now. I still remember the day before it went into effect, seeing round the block lines at the Wilmington courthouse as consumers rushed to file.  There's lots to say about BAPCPA, for both consumers and ... Read full article

My thoughts on the issue at The American Banker .  Short version: the possibility of a GOP presidential victory in 2016 isn't a good argument for changing the CFPB to a commission structure.  ... Read full article

It was like eight nights of Chanukkah in one for me watching the Democratic debate last night. There was a Glass-Steagal lovefest going on. But here's the thing:   no one seems to get why Glass-Steagal was important or the connection between ... Read full article

A new book out by University of Minnesota Law Professors Claire Hill and Richard Painter proposes a really intriguing proposal for disciplining wayward financial services firms: "covenant banking." The problem, as Hill  and Painter observe, is ... Read full article

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The past year has seen two notable innovations in the payments world and a third is coming down the pike.  ApplePay was rolled out last spring, the EMV liability shift went into effect on October 1, and the Fed has convened a task force on designing a ... Read full article

Both sides in the interchange fee debate have pointed to a recent Richmond Fed study as evidence supporting their position ( here and here ). ... Read full article

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