by David Schwartz J.D. CPA | Aug 13, 2017 | All, Change Overview and Rationale
New York Federal Reserve President and CEO William Dudley says he and his Fed colleagues anticipate U.S. inflation to rise gradually over the next several months as the labor market is expected to continue heating up. These trends, Dudley says, support the Fed’s...
by David Schwartz J.D. CPA | Aug 7, 2017 | All, Change Overview and Rationale, Formal Regulatory Remedies
In an August 2, 2017 address, President and CEO of the Federal Reserve Bank of Cleveland Loretta J. Mester advocated a fresh risk assessment to recalibrate financial regulations and right-size them to ease the burden on smaller banks. Ms. Mester proposed...
by David Schwartz J.D. CPA | Jul 27, 2017 | All, Formal Regulatory Remedies
At his July 27, 2017 confirmation hearing before the Senate Banking Committee, Randal Quarles testified that if confirmed he would advocate not for a rollback, but a reexamination of post-crisis reforms. He also advocated for better transparency on the part of...
by David Schwartz J.D. CPA | Jul 25, 2017 | All, Change Overview and Rationale, Formal Regulatory Remedies
In a July 12, 2017 address before the Paris Europlace International Financial Forum, François Villeroy de Galhau, Governor of the Banque de France, outlined what he sees is necessary to complete the work of financial regulatory reform. Noting that resilience of the...
by David Schwartz J.D. CPA | Jul 18, 2017 | All, Disclosure Regimes, Formal Regulatory Remedies
In his first address as Chairman of the Securities and Exchange Commission, Jay Clayton reaffirmed his dedication to the Commission’s guiding principles and historic approach to regulation. At the same time, however, Chairman Clayton said he sees areas where the SEC’s...
