More Finance and Banking Articles

  • Reversing the decline in small business lending

    While small business lending often declines during a recession, recent regulatory changes may well result in a permanent decline in bank lending to small business.

  • Dodd-Frank at war with itself

    The difficulty of Dodd-Frank implementation is not primarily the regulators' fault; the problem comes from Dodd-Frank's determination to rely on government regulation as a cure for government policy distortions. Instead, let's work on getting rid of the distortions that encourage people to behave...

  • Barney Frank dismisses Elizabeth Warren's favorite idea

    Appearing Wednesday before the House Financial Services Committee he used to head, former Rep. Barney Frank, the architect of the 2010 Dodd-Frank financial reform law, dismissed the idea of reinstating Glass-Steagall, the Depression-era law that split investment banks from commercial banks that...

  • CFPB's cloud computing security system 'needs strengthening,' warns IG

    Stronger cybersecurity measures are needed to protect a federal data-mining system containing the most private financial information on hundreds of millions of Americans, an inspector general warns.

  • How the CFPB is trying to mimic Yelp

    The government's consumer finance regulatory agency is seeking to create a new source of aggravation for banks: Consumer testimonials and reviews of financial services.

  • Mark Zandi: The go-to economist when fiscal war breaks out

    By defining the center of economic opinion on a range of topics from mortgages to health care, Mark Zandi has made himself a valuable authority. The leaders of both parties love to cite him -- when his analysis helps their cause.

  • If you've got a small business, odds are the Export-Import Bank isn't helping you

    Americans now know the Export-Import Bank is a corporatist program built on bad economics.

  • Janet Yellen stumbled over these two bailout questions

    She avoided making any big monetary policy news in two appearances on Capitol Hill this week, but Janet Yellen couldn't escape a few confrontations that raise doubts about the details of the Federal Reserve's plans to avoid bailouts in future financial crises.

  • Elizabeth Warren grills Fed Chairwoman Janet Yellen on crucial too-big-to-fail question

    Sen. Elizabeth Warren grilled Federal Reserve Chairwoman Janet Yellen on an important provision of the law intended to prevent banks from becoming too big to fail.

  • EXography: Wall Street migrates south to low-cost Southern cities

    When we think about American finance, the default Image is of a pinstriped banker on Wall Street. But increasingly, the financial services sector, which employs eight million people, is shifting away from the traditional bastions of money.

  • In first public speech, new Federal Reserve vice chairman dismisses breaking up big banks

    Stanley Fischer warned that "actively breaking up the largest banks would be a very complex task, with uncertain payoff," even though some critics say more regulation is needed in the wake of the 2008 financial crisis. 

  • Bank of England leaves interest rates steady

    LONDON (AP) — The Bank of England has kept interest rates steady at a record low of 0.5 percent and refrained from pumping more money into the economy even as the recovery gathers strength. Thursday's decision was widely expected, even after Bank of England Governor Mark Carney startled...

  • French financier to head Vatican bank

    VATICAN CITY (AP) — The Vatican has chosen a French financier to become the new president of its bank, which is overhauling the way it operates after a series of financial scandals. As widely expected, the Vatican announced Wednesday it had tapped Jean-Baptiste de Franssu to head the...

  • Most households still not borrowing

    Six years out from the financial crisis, most Americans are still not borrowing more, despite well-qualified borrowers taking out loans.

  • Bulgarians arrested after 'plot' against banks

    SOFIA, Bulgaria (AP) — Two brokers have been charged with plotting to undermine Bulgaria's top banks by spreading rumors of their instability, triggering runs on deposits and forcing the government to step in with rescue aid. Police arrested five people on Sunday for allegedly sending...



From the Weekly Standard