Financial meltdowns often spur changes to financial regulation. So where do we go from here?

Mar 14, 2023
Regulators didn't catch Silicon Valley Bank before it failed. What can they do to catch others?
The Federal Reserve Board announced yesterday that it’s going to review what happened with the Silicon Valley Bank closure. Time will tell if more regulations will be placed upon larger banks like SVB and if banks themselves will take a closer look at their own risk committees.
Alex Wong/Getty Images

How can the government fight money laundering? Let's count the ways.

Sep 23, 2020
Government resources can't keep up with transactions banks flag as fishy.
Spencer Platt/Getty Images

There have only been a handful of Black financial regulators, for generations

Sep 7, 2020
Only 10 of 327 top financial regulators appointed by the president and confirmed by the Senate were Black.
About 3% of the financial regulators that oversee Wall Street have been Black, according to a report out from Georgetown University.
Angela Weiss/AFP via Getty Images

Could the 2008 financial crisis happen again?

Mar 14, 2018
Economists look back on the 2008 financial crisis and the changes in banking regulation that have occurred since.
Midtown buildings are reflected in a window at Bear Stearns headquarters March 24, 2008 in New York City. 
Chris Hondros/Getty Images

What the Fed's crackdown on Wells Fargo says about the future of financial regulation

Feb 5, 2018
Jerome Powell was sworn in as the new chairman of the Federal Reserve today. But it’s his predecessor, Janet Yellen, who’s making waves in the markets. Last Friday, in one of her last actions as Fed chair, Yellen slapped an unprecedented penalty on Wells Fargo. The bank can no longer grow larger until it makes […]

Head of Consumer Financial Protection Bureau will step down

Nov 15, 2017
Richard Cordray announced today that he’s leaving the Consumer Financial Protection Bureau by the end of the month. President Donald Trump will get to appoint Cordray’s successor, giving him yet another way to reshape U.S. financial regulation. We take a look at how the president is putting his stamp on these regulations.  Click the audio player […]

For public good, not for profit.

Outgoing Fed Gov. Daniel Tarullo says cyber security is top on his list

Apr 3, 2017
'It's just a much stronger financial system,' he says, than nine years ago.
Federal Reserve Board Gov. Daniel Tarullo has been at the Federal Reserve for over eight years. Wednesday is his last day.
Win McNamee/Getty Images

Consumer watchdog agency is at risk under Trump

Mar 8, 2017
S0me Republicans want major changes to the Consumer Financial Protection Bureau.
President Donald Trump signs executive orders, including one to review the Dodd-Frank financial reform law, under which the Consumer Financial Protection Bureau was created.
Aude Guerrucci - Pool/Getty Images

Why Wall Street needs courageous leadership

Feb 27, 2017
In his book, William Cohan says Wall Street built America, but its rewards system needs change.
"Wall Street writ large," author William Cohan says, "is this whole huge finance effort worldwide that really importantly provides capital to people who need it by taking it from people who have it to invest."
(BRYAN R. SMITH/AFP/Getty Images)