regulation-reform

The housing sector is increasingly a drag on consumption and job creation. The fault lies not with the market but with ill-considered regulations and bank capital rules.

It is not right that a creditor be held liable for unintentional discrimination on the basis of less evidence than is required to prove intentional discrimination. Leveraging a settlement on threat of litigation without such evidence is an abuse of power.

Policymakers should focus less on the government's retreat from the mortgage market and more on creating the kind of investment environment needed to attract significant private capital.

"It would have made a lot more sense to bring back Glass-Steagall," a pre-and-post crisis risk manager tells American Banker Editor in Chief Neil Weinberg, while discussing WashingtonÂ's Dodd-Frank solution.

Do we really want banks to be stable, profitable and internationally competitive or do we want them to be cash cows for Congress?