A fiercely raging debate for the last five years is whether or not the added costs imposed on businesses that must comply with increased regulations justifies the benefits of those increased regulations.
Read More »Sen. Shelby Requests Probe of FHFA
Why is Sen. Richard Shelby (R-Alabama), Chairman of the Senate Banking Committee, asking the Government Accountability Office to conduct further study on the activities of the Federal Housing Finance Agency?
Read More »Finally, Sanders Speaks Out on Housing Reform
Presidential candidates have been largely silent about housing policy during their campaigns, with the exception of Hillary Clinton. Now, Democratic presidential hopeful Bernie Sanders has laid out his own comprehensive plan to reform affordable housing.
Read More »FHFA Throws Struggling Homeowners a Lifeline
For seriously delinquent, underwater homeowners struggling through the murky aftermath of the financial crisis, help is on the way in the form of a gift from the Federal Housing Finance Agency.
Read More »Republicans’ Assault on Dodd-Frank Continues
It has been a tough week for both the CFPB and for the Dodd-Frank Act, continuing with the passing of two bills in the House Financial Services Committee on Wednesday.
Read More »Banks Fail to Prove They Are Not ‘Too Big to Fail’
The rejection of the living wills of Bank of America, BNY Mellon, JPMorgan Chase, State Street, and Wells Fargo by both the Fed and FDIC is likely to add more fuel to the fierce debate in Congress over whether or not Dodd-Frank is codifying too big to fail.
Read More »Is Government’s Defense in Fairholme Suit Valid?
The government claimed in 2012 that the GSEs were financially weak. Newly unsealed depositions may contradict this, however.
Read More »Obama, Yellen Meet to Examine the State of the Economy
President Barack Obama and Federal Reserve Chair Yellen met in the Oval Office to discuss the state of the U.S. economy in the midst of slowed growth due to lower consumer spending.
Read More »Should the Fed Be Overhauled?
Former Fed adviser and economist Andrew Levin said that the Fed’s transparency and accountability are “severely deficient.”
Read More »Another Day, Another Settlement: Goldman Sachs to Pay $5B
It's the fourth-largest RMBS settlement reached between the government and one financial institution.
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