Sep 30, 2016 | Banking, Financial Stability, Op-Ed
By HOLMAN W. JENKINS JR. Originally published in the Wall Street Journal on Sept. 30, 2016 Hillary Clinton in Monday’s debate attributed the 2008 financial crisis to “trickle down” economics and Republican tax cuts. That’s one explanation you won’t find in a widely...
Sep 20, 2016 | Capital Markets, Financial Stability, Letter
Today the Committee responded to the Financial Stability Board regarding their consultative document titled Proposed Policy Recommendations to Address the Structural Vulnerabilities from Asset Management Activities. Read the comment letter here.
Sep 19, 2016 | Banking, Financial Stability, Op-Ed
By HAL S. SCOTT and JOHN GULLIVER Originally published by The Wall Street Journal on Sept. 16, 2016 The stress tests that big American banks face each year are about to get more stressful. The Fed is planning to substantially increase—by an average of 57%,...
Sep 16, 2016 | Financial Stability, Op-Ed
By JOHN AUTHERS Originally published in the Financial Times on September 16, 2016 It has been eight years since Lehman Brothers went bankrupt and still it defines the calendar. For anyone in the financial world, time is divided into Before Lehman, and After...
Sep 15, 2016 | Banking, Financial Stability, Report
THE ADMINISTRATIVE PROCEDURE ACT AND FEDERAL RESERVE STRESS TESTS The Administrative Procedure Act of 1946 (the “APA”) imposes a set of uniform procedural requirements on federal agencies, requiring that: (a) agencies provide the public notice of proposed rules and an...
