Browsing: reform

Key insight: The House Financial Services Committee has a new legislative package that would address deposit insurance reform, including a bill with companion legislation in the…

Key Insight: Federal Reserve Vice Chair for Supervision Michelle Bowman said the discount window should serve as a credible and routine liquidity backstop for banks, not…

To the Editor,Processing ContentRecent commentary portraying deposit insurance parity as a giveaway to credit unions (ICBA’s support of higher FDIC coverage is a gift to credit…

John Hurley, under secretary for terrorism and financial crimes at the Treasury Department.Eric Lee/Bloomberg For some time, it has been widely recognized that the Bank Secrecy…

Key insight: Bipartisan House bills that would limit largest banks from acquiring failed banks to counter industry concentration passed the House Financial Services Committee during a…

Key insight: Deposit insurance reform might move more slowly in the House than the Senate as members expressed concerns about the overall cost. What’s at stake: Some…

The enhanced Supplementary Leverage Ratio has for too long wrongly penalized low-risk market-making activity by U.S. banks. Targeted reforms come at a time when liquidity is…

Key insight: Senators reduced proposed business account insurance limit from $20 million to $10 million, exempting banks under $10 billion of assets from costs.What’s at stake:…

In the world of global finance, risk is a multitrillion-dollar word. It’s the invisible force that can destabilize markets, threaten fortunes and erode public trust.Yet in…

Congress can and should enact meaningful deposit insurance reform, but the current proposal before lawmakers is misguided, writes Christopher Williston, of the Independent Bankers Association of…