Explicit Safeguards Have Replaced Implicit Guarantees
Introduction Since the financial crisis, regulators have dramatically tightened the large bank regulatory regime by substantially increasing capital, liquidity, and […]
BankNotes Blog
BankNotes Blog
BankNotes Blog
A Cure Worse Than the Disease: Massive Expansion in Deposit Insurance Would Worsen, Not Improve, Financial Stability
Introduction Recently, policymakers have considered significantly raising the amount of FDIC deposit insurance for smaller and mid-sized banks. Some proposals
BankNotes Blog
The “Bank” Capital Shell Game: Would the Real Bank Capital Requirement Please Stand Up?
Introduction Recently, bank regulators issued a proposal to modernize the supplementary leverage ratio (SLR) after the Federal Reserve publicly committed
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Reflections on the Federal Reserve’s Integrated Review of the Capital Framework for Large Banks
Introduction Earlier this week, the Federal Reserve held a conference to consider the state of the capital regime for large
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A Level Set on the Proposal to Reform the Supplementary Leverage Ratio
Introduction This week, the Federal Reserve Board, OCC and FDIC issued a proposal to reform the supplementary leverage ratio (SLR).
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To Infinity and Beyond? The Supply of Safe Assets and GSIB Capital Surcharges
Introduction Twelve years ago, international regulators imposed a new capital requirement on the world’s largest banks, a group of roughly
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Correcting the Record on Leverage Reform: Leverage Requirements are Already Backfiring
In a recent op-ed, Sheila Bair recited a litany of age-old canards about leverage requirements and leverage reform that are
BankNotes Blog
Promises Made, Promises Kept? The Urgency of Leverage Ratio Reform
Introduction Nearly four years ago, the Federal Reserve committed to reconsider the supplementary leverage ratio (SLR) in light of the massive, COVID-driven
BankNotes Blog
Forum Lending Supports U.S. Economic Growth and Competitiveness
Companies across the country rely on banks to provide credit that supports their investment, success, and ultimately the growth of
BankNotes Blog
The Urgency of Making Bank Supervision Focused, Efficient, and Supportive of Stability and Growth
Bank supervision is a longstanding practice intended to ensure we have a safe and sound banking system. Experienced bank supervisors