law-regulation

OCC's New Charter — Only Serious Fintechs Need Apply

01/11/17

The OCC's limited-purpose fintech charter Â-- which will come with new regulatory and compliance responsibilities Â-- will separate the healthiest fintech companies from the unhealthy ones, leading fintech one step closer to disrupting the incumbents.

[more]

Democrats, Too, Are Needed to Overhaul Dodd-Frank

01/11/17

The effort to end regulatory absolutism will most likely succeed if it is framed as a pro-economy reform, with members of both political parties driving the train.

[more]

Regulatory Relief Shouldn't Be Limited to Dodd-Frank

01/10/17

The Dodd-Frank Act is just the latest in a long string of policy out of Washington that harmed the greatest banking system devised by man.

[more]

Dear Mr. Trump: Please Don't Destroy the CFPB

01/09/17

The persistent opposition to the Consumer Financial Protection Bureau Â-- which has been fierce since day one Â-- has been puzzling, and has been cloaked in misleading arguments about the structure of the agency.

[more]

Why the Big Auditors Should Get 'Systemically Important' Label

01/09/17

The dominance of the sector by the Big Four accounting firms poses its own systemic-risk concerns and prompts questions about how other mega-companies are audited.

[more]

As Long as There Are Megabanks, There Will Be Bailouts

01/05/17

Any method for unwinding too-big-to-fail institutions that tries to avoid bailouts is a fool's errand. A more effective path may be reducing the size of TBTF banks or regulating them as utilities.

[more]

CFPB Commission Is Essential, Not a Trojan Horse

01/04/17

The current single-director leadership structure of the Consumer Financial Protection Bureau is not a recipe for transparency and accountability. Creating a multimember commission to oversee the agency is the answer.

[more]

How to Achieve Diversity: Stop Making Excuses

12/30/16

Businesses, governments, universities and the Federal Reserve all struggle to adequately reflect the populations they serve. It's time to take ownership of diversity outcomes.

[more]

What the CFPB 'Commission' Debate Is Really About

12/29/16

The industry doesn't want to attack the Consumer Financial Protection Bureau directly, but its push to reform the agency's leadership structure is a backdoor strike at the CFPB's very existence.

[more]

Time to Adjust the Regulatory Diet: Fewer Rules, More Principles

12/27/16

With the change in administration and more friendly economic conditions, policymakers should consider greater balance between principles- and rules-based approaches.

[more]