FSOC

Dodd-Frank didn’t build stress testing for coronavirus

04/03/20

Requiring banks to test themselves is likely to be a waste of time in the current crisis, says a former Senate Banking counsel.

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Does FSOC have a role to play in coronavirus response?

03/31/20

After budget cuts and a strategic transition, the interagency body conceived by Dodd-Frank to identify systemic threats has largely been silent as the pandemic roils the economy.

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How bank regulators could mitigate coronavirus fallout

03/02/20

Policymakers could recommend banks establish backup facilities and the Federal Reserve could stand ready with emergency loans to limit economic shock waves.

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Bloomberg tacks left on financial regulation. Should banks be worried?

02/18/20

Years after criticizing the Dodd-Frank Act, the Democratic presidential candidate and former New York City Mayor Michael Bloomberg is now taking a page from the Elizabeth Warren playbook.

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Affordable housing cuts, CFPB funding: Takeaways from Trump budget

02/10/20

The administration proposed to end the housing trust funds now financed by Fannie Mae and Freddie Mac, and to subject numerous agencies to the congressional appropriations process, among other things.

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Affordable housing cuts, CFPB funding: Takeaways from Trump budget

02/10/20

The administration proposed to end the housing trust funds now financed by Fannie Mae and Freddie Mac, and to subject numerous agencies to the congressional appropriations process, among other things.

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Congress may need to step in on Libor switch, Mnuchin warns

12/05/19

The Treasury secretary suggested a role for lawmakers in containing any fallout with financial contracts stemming from the transition to a new interest rate benchmark.

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Regulators issue warning on growth of nonbank mortgage sector

12/04/19

A report from the Financial Stability Oversight Council cited a bigger share of originations and servicing by nonbanks as a potential vulnerability in the financial system.

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$11 trillion U.S. mortgage market has a shadowy new player

11/05/19

Financial regulators have been put on notice about the risk of an economically damaging cash crunch in the home mortgage market. Behind the concern: the rapid growth of shadow banks in the origination and servicing of home loans.

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Warren steps into repo turmoil, asks Mnuchin for answers

10/22/19

The Massachusetts senator and presidential candidate warned the Treasury secretary not to use the incident as a rationale for weakening regulations.

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