Fed’s Miran: Stablecoins pose little risk to bank deposits
Passage of a new regulatory framework for stablecoins likely won’t lead to a flood of bank customers pulling their money...
Policy
Fed: Policy uncertainty, AI sentiment pose financial stability risks
Policy uncertainty remains a top risk to U.S. financial stability, with public sentiment about artificial intelligence emerging as another risk,...
Fed’s Waller: ‘Skinny’ master account would only be available to banks
Federal Reserve Governor Christopher Waller sought to clear up confusion about his proposal for the creation of a “skinny” master...
Rate caps hurt consumers they’re designed to help
How a recent Vanderbilt Policy Accelerator for Political Economy and Regulation study gets the credit card market wrong.
The brokered deposit statute is out of sync with today’s financial marketplace
Congress should repeal Section 29 of the Federal Deposit Insurance Act and replace it with a targeted asset-growth restriction for...
Fed finalizes revisions to rating system for large banks
The Federal Reserve finalized revisions to its supervisory rating framework for large banks to address the “well managed” status of...
ABA, associations share recommendations for implementing Genius Act
As the Treasury Department crafts regulations to implement the Genius Act, it should seek to preserve the benefits of payment...
ABA offers recommendations for improving FHFA mission
ABA submitted a list of banker recommendations for the FHFA to include in its proposed strategic plan, including suggestions concerning...
Gould outlines OCC’s review of ‘debanking’
The OCC is taking action to address concerns about “debanking,” including through the licensing process and CRA exams, Comptroller of...
Bowman: Regulation preventing banks from engaging in economic innovations
The economy has changed significantly since the 2008 financial crisis, but regulation is holding back banks from fully engaging with...
