I think it is important, however, that we balance that traditional mission of FHA with securing American taxpayers from having to step in and bail out more housing programs.
If we continue to cut off and squeeze these arteries, we are certainly not helping families and small businesses in cent...
This declining trend in the number of credit unions is very concerning.
I, too, hear constantly from my community banks what impact this potential rule will have on them.
Many of us know that our small community banks or credit unions are the lifeblood of economic growth in our small commun...
Clearly, they face a lot of challenges in this hyper-regulatory environment.
The burden isn't getting lighter. It is getting heavier.
Per Dodd-Frank, a non-bank SIFI designation must meet the definition of 'predominantly engaged in a financial activity.'
So when there is a conflict between what the directive of Congress was and then its interpretation by the Fed, FSOC will...
My concern is that the Fed's definition of 'predominantly engaged in financial activity' is going to cast potentially a ...
Congress was very focused and very concerned about an expansion of this law to encompass companies that have nothing to ...