Fed Implores Congress to Preserve Key Financial Regulations

In his remarks to Congress, out-going New York Federal Reserve President William Dudley implored lawmakers to preserve and maintain key financial regulation measures in face of growing support for review of standing requirements. Dudley recently announced his decision to retire from his position earlier (mid-2018) than his term allots. According to a Reuters article, part … Continue reading Fed Implores Congress to Preserve Key Financial Regulations »

Fed Experts Warn of Slippery Slope of Financial Deregulation

Out of Sight, Out of Mind? Is 2008 far enough in our rear-view that we’ve already forgotten the same mistakes that brought the financial industry-and U.S. economy-to the brink of collapse? Evidently, it is for banks and policymakers. You have probably been hearing a lot of talk about impending “reviews” of current financial regulation measures; … Continue reading Fed Experts Warn of Slippery Slope of Financial Deregulation »