Financial Regulation

News and Commentary Washington Post columnist Megan McArdle writes about the limits of the Fed in addressing the economic crisis. Fortunately, Congress has since taken action but time will tell [...]

News and Commentary A new article at CEPR’s Vox details the role of shadow banking in the European economy. The author notes that as shadow banking grows, it will slowly [...]

News and Commentary The Bank of England announced economic measures as households and businesses brace for the Covid-19 epidemic. The measures include a cut to interest rates, more generous lending [...]

News and Commentary Elizabeth Dexheimer at Bloomberg writes on Mark Calabria, the director of U.S. Federal Housing Finance Agency. Calabria faces several challenges in determining the future of Fannie and [...]

News and Commentary Liberty Street Economics has a new blog post on subprime borrowing and the 2000s housing boom. The authors find house price growth was negatively correlated with growth [...]

News and Commentary Bill Nelson and Greg Baer at the Bank Policy Institute argue the Fed Board should set the reserve requirement to zero and is legally required to do [...]

News and Commentary The Cato Institute's Daily Podcast has Diego Zuluaga discuss recent changes to mortgage lending rules. You can listen to it here. Zuluaga has also gone on the [...]

News and Commentary David Roberts of Vox covers a new climate change paper from The Great Democracy Initiative at the Roosevelt Institute. The paper argues that Dodd-Frank's Section 165 and [...]

News and Commentary How risky are Bank Holding Companies (BHC) today? A new blog post at Liberty Street Economics investigates this question while looking at BHCs and finds similar trends [...]

New Research A new NBER paper examines the role of leverage in an economy, modeling out the theory of how assets can function as collateral. They find assets used as [...]