law-regulation

CFPB Ignores Complaint Data in Targeting Payday Lenders

02/04/16

The amount of complaints in the Consumer Financial Protection BureauÂ's database dealing with payday loans is relatively small, so why is the proposal to regulate payday lenders so sweeping?

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Dear Fed: Get Out of the Markets' Way

02/02/16

The central bank should not delay putting in place a long-term plan that diminishes its outsized influence and allows the financial markets to work without interference.

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Pot Banking 2016: More State Ballots But Continued Unease

02/01/16

The marijuana industry is still hampered by its own banking crisis, but the rigidity of federal laws is not stopping all advances in financial services for the sector.

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Criticism of CU Membership Rule Is Just Banker Noise

01/29/16

Banks' vocal opposition to the National Credit Union Administration's proposal to ease field-of-membership rules overlooks why changes are necessary and long overdue.

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Presidential Candidates Court Economic Catastrophe with Fed Plan

01/28/16

Presidential candidates' arguments to stop the Federal Reserve from paying interest on banks' excess reserves betray a poor understanding of monetary policy and why the Fed began the practice. Here's why.

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Compliance in 2016: More than Just Following Rules

01/27/16

Banks that prioritize structural changes in their compliance process will make risk frameworks more effective and sustainable over time.

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We Can Reduce the GSEs' Risk Without Congress

01/26/16

In the absence of congressional action on housing finance reform, here is what the Federal Housing Finance Agency should do sooner rather than later.

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Three Reforms Even the Loudest Banking Critics Should Applaud

01/22/16

Progressives' push for a more drastic overhaul of the industry ignores post-crisis changes that have had an undeniably positive effect.

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AML Scandals that Flew Under the Radar in '15

01/21/16

Money-laundering episodes included a purported Whitey Bulger associate looting a church's coffers and the arrest of a Houston socialite on gambling-related charges.

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Banks Can Use 'Code of Ethics' to Strengthen Public Trust

01/15/16

Drafting internal honor codes, and having employees pledge to follow them, could be a good first step to reversing negative opinions about banking.

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