The move would repeat old errors and encourage the buying of Treasury debt over private sector lending
Dominated by Fico ratings, scores serve the interests of the lenders, not consumers
The agency has a tiny budget but has helped the American consumer
Only borrowers such as struggling commercial property and debt-laden zombie companies will benefit
A merger would provide a greater challenge to entrenched behemoths such as JPM, Visa and Mastercard
The agency should have more flexibility rather than being compelled to chose the ‘least cost’ option
Financial literacy should start early — the principles will stay with you throughout your life
The latest wheeze from lenders is to use ‘credit linked notes’ for capital relief
The era of zero interest policy was characterised by sluggish growth and yawning wealth inequality
New measures are an important step to protect the US and world economies against future financial crises
With inflation falling, further tightening of monetary policy only heightens the risk of recession and financial instability
Measures to shield operational business accounts, introduced during Covid, should be triggered urgently
The FDIC seems to think the banking system is more fragile than it really is
The US banking expert discusses distorted interest rates and the dangers of the ‘shadow’ banking sector
Sheila Bair says collapse of FTX shows danger of US agencies waiting for legislation to protect investors
Jay Powell mirrors the former Fed chair’s bravery but not his methods
It is time for regulators to get creative and use their current powers to act
The reforms that could improve decision making at agencies like the FDIC
The Fed needs to reverse course on regulatory easing to ensure financial stability when borrowing costs increase
It’s not clear whether PFOF reduces costs for retail investors, or simply makes their costs less transparent
This simple step would free up trillions of dollars of additional lending capacity
Deposits at largest US banks keep growing organically even with controls on expanding by acquisition
Promontory’s business model ‘games’ deposit insurance rules, says Sheila Bair
Politicising accounting standards is a terrible idea that will come back to bite
Lift the debt burden and shift to a repayment system linked to graduate income
