Financial Regulation

The Republican Retreat From Market-Based Regulation

By Mark Thoma

During the debate over the repeal of Obamacare, Republicans made frequent reference to their desire for a “free market” for health care. This is consistent with the GOP’s long-standing support of...
Who’s Watching Wall Street? The Feds Turn a Blind Eye to Goldman’s Game

By David Dayen

Why are House Republicans working so hard to repeal Wall Street reform when regulators have shown so much willingness to neglect tougher laws?
You Get What You Pay For: Banks Spent Billions on Lobbying During the Election

By Pete Schroeder, Reuters

Banks and other financial companies expecting big benefits from Republican-led deregulation spent record amounts on lobbying in the last election cycle, according to an advocacy group report released...
The One Way Trump’s Administration Really Is a Fine-Tuned Machine

By David Dayen

The government-by-mood-ring fluctuations of the Trump presidency have corrected the myth that politicians conjure up devious plans to manipulate the public years in advance. It’s beyond clear that...
Trump the Populist Is Trying to Hobble a Champion of the Little Guy

By Ciro Scotti

After being bested by Hillary Clinton in a primary contest that saw the deck stacked against him by the Clinton Machine, Bernie is back in the Senate doing what he has always done for the past 30-odd...

Overhauling Dodd-Frank May Not Succeed, but Also May Not Matter

By Liz Peek

Nancy Pelosi says President Trump’s call to reshape Dodd-Frank is a “massive con” and that he is putting #WallStreetFirst. Sadly, she has set the tone for Congressional Democrats, siding with...
Populist on the Trail, Trump Pivots Toward the Banking Industry

By Rob Garver

After a campaign spent railing against his opponent’s connections to Wall Street banks and promising to stand up for ordinary Americans against the moneyed interests holding them back, President...
In the Trump Administration, Credibility May be a Problem

By Mark Thoma

As a department chair at a university, you learn that a promise from the Dean or anyone else in the administration is good for about five years. That’s approximately how long Deans last, on average,...
Here’s Who Wins With Trump’s Order to Slash Regulations

By Rob Garver

Trump on Monday morning signed an executive order on Reducing Regulation and Controlling Regulatory Costs. The order is unquestionably a gift to the business community, which constantly complains of...
How the GOP Could Wipe Out Federal Regulations in One Easy Step

By Rob Garver

A new interpretation of an old law may allow Republicans to wipe out decades of federal regulations. Congressional Republicans have been eager to dismantle many of former president Barack Obama’s...

6 Macro Themes That Dominated Markets in 2013

By Suzanne McGee, The Fiscal Times

Before you start positioning your portfolio according to the latest recommendations from Wall Street soothsayers, here’s a look back at the themes that dominated financial markets in 2013.
The Sneaky Hidden Clause in Credit Card Agreements

By Rob Garver

If you have a credit card or a checking account from a big bank, odds are that somewhere deep in the agreement you signed there’s a clause that says you agree to waive your right to sue the bank if...
FDIC Plan to Combat 'Too Big to Fail' Is Flawed

By Rob Garver

After the financial debacle that caused a near economic depression in the U.S. and elsewhere, Dodd-Frank, the financial reform bill, promised the American people that taxpayer money would never again...
Volcker Rule Lets Bank CEOs ‘Off the Hook’

By Rob Garver

CEOs of the largest banks in the country can breathe a little easier this morning, as regulators prepare to vote on the so-called Volcker Rule, the element of the Dodd-Frank financial reform law that...
Key U.S. Regulator Too Cozy with Big Banks: Report

By Rob Garver

The regulator in charge of some of the biggest banks in the United States needs to change the way it does business, says a panel of international experts, or it runs the risk of missing the next big...

Search form