Financial Regulation

The Tax Cuts and Jobs Act (TCJA), signed into law last December, contains provisions related to the deductibility of interest expenses. As the authors of an analysis from the New [...]

1. Consumer credit reaches new high, but don't celebrate yet. 2. Boston Fed President Rosengren on countercyclical capital requirements. 3. New research: higher capital as a way to reduce risk [...]

A well functioning financial system should grow and shrink along with the general trend of economic activity, specifically the need for business credit. If businesses want to expand but don’t [...]

Following this year’s stress tests, most of the major bank holding companies (BHCs) did quite well by the Fed’s standards. The common equity capital ratio increased from 5.3% following the [...]

1. Active management eats away retirement savings, a TSP-style retirement model would rent-proof retirement. 2. The second round of the Fed's annual stress test finished last week. It's good news [...]

Following the initial results of the Federal Reserve’s annual stress test of large bank holding companies (BHCs), last week the Fed released the second part of its Comprehensive Capital Analysis [...]

Whether or not the United States faces a retirement crisis is the subject of much academic debate. What is clear, however, is that the inefficiencies inherent to how private retirement [...]

1. New Research: Fire sales are a feature of financial crises, but not all fire sales are equal. 2. New Research: The relationship between financial globalization and domestic tax and [...]

Following the preliminary results of the Federal Reserve’s annual stress test of the country’s largest bank holding companies (BHCs) last week, banks that are determined to be well-capitalized (those with [...]

On Thursday, the Federal Reserve released the preliminary results of its annual stress test for the largest banks this Thursday. The tests found that bank holding companies with assets above [...]