Financial Regulation

Former Fed Chair and current fellow at the Brookings Institution Janet Yellen gave an interview on the state of the financial system ten years after the financial crisis. Broadly speaking, [...]

A new paper published by the National Bureau of Economic Research examines how the structure and interconnectedness of the financial system on the eve of the Great Depression played a [...]

Rent Check The Economic Growth, Regulatory Relief, and Consumer Protection Act's language may make the Volcker Rule a dead letter for all but 6 of the largest U.S. banks. But leverage, [...]

Following the passage of the Economic Growth, Regulatory Relief, and Consumer Protection Act (also known as the “Crapo Bill”), a bit of confusion related to the drafting of a change [...]

Rent Check New research: financial stability and liquidity after the post-crisis reforms. News and Commentary Mark Calabria, chief economist to Vice President Mike Pence, was nominated to head the Federal [...]

A new paper from the Annual Review of Financial Economics documents the effects of post-2008 reforms on liquidity and leverage during the financial crisis. Overall, they find that these reforms [...]

Rent Check 1. Anat Admati speaking on the need for greater equity financing and the myths that pervade our financial system. 2. The New York Fed's decision to deny The [...]

Last week, Niskanen Center advisory board member and Stanford professor Anat Admati gave a presentation at a conference hosted by the Treasury Department. (You can see the slides from her [...]

A few months ago, we wrote about the Federal Reserve Bank of New York’s decision to deny The Narrow Bank (TNB) USA’s plan to open a new bank based on [...]