Barofsky Urges Regulators to Move Beyond “Empty Rhetoric”

By Sarah Borchersen-Keto, CCH Washington News Bureau, Contributing Author, the CCH Federal Banking Law Reporter, March 30, 2011. Outgoing Special Inspector General for the Troubled Asset Relief Program Neil Barofsky called for regulators to move beyond “empty rhetoric” in order to convince the markets that they are serious about ending the problem of too-big-to-fail. “Instead […]

Barofsky Urges Regulators to Move Beyond “Empty Rhetoric”

By Sarah Borchersen-Keto, CCH Washington News Bureau, Contributing Author, the CCH Federal Banking Law Reporter, March 30, 2011. Outgoing Special Inspector General for the Troubled Asset Relief Program Neil Barofsky called for regulators to move beyond “empty rhetoric” in order to convince the markets that they are serious about ending the problem of too-big-to-fail. “Instead […]

Fed Gives Clearance for Bank Dividend Payments

By Sarah Borchersen-Keto, CCH Washington News Bureau, Contributing Author, the CCH Federal Banking Law Reporter, March 18, 2011. The Federal Reserve Board has given clearance for some of the nation’s 19 largest bank holding companies to increase or restart dividend payments, buy back shares or repay government capital. The decision follows a Comprehensive Capital Analysis […]

Fed Gives Clearance for Bank Dividend Payments

By Sarah Borchersen-Keto, CCH Washington News Bureau, Contributing Author, the CCH Federal Banking Law Reporter, March 18, 2011. The Federal Reserve Board has given clearance for some of the nation’s 19 largest bank holding companies to increase or restart dividend payments, buy back shares or repay government capital. The decision follows a Comprehensive Capital Analysis […]

SIGTARP Says Too-Big-to-Fail Perception Problem Persists

By Sarah Borchersen-Keto, CCH Washington News Bureau, Contributing Author, the CCH Federal Banking Law Reporter, March 17, 2011. Financial markets believe “more than ever” that the government will step in and save too-big-to-fail financial institutions should there be another financial shock, outgoing Special Inspector General for the Troubled Asset Relief Program (SIGTARP) Neil Barofsky told […]

SIGTARP Says Too-Big-to-Fail Perception Problem Persists

By Sarah Borchersen-Keto, CCH Washington News Bureau, Contributing Author, the CCH Federal Banking Law Reporter, March 17, 2011. Financial markets believe “more than ever” that the government will step in and save too-big-to-fail financial institutions should there be another financial shock, outgoing Special Inspector General for the Troubled Asset Relief Program (SIGTARP) Neil Barofsky told […]

Bachus Legislation Would Change CFPB Lead

By Sarah Borchersen-Keto, CCH Washington News Bureau, and Serena Lynn, Editor, the CCH Federal Banking Law Reporter and Bank Digest, March 16, 2011. House Financial Services Committee Chairman Spencer Bachus, R-Ala., has introduced legislation that would replace the Consumer Financial Protection Bureau director with a bipartisan commission of five members modeled after the Securities and Exchange […]

Bair Says Bank Support for Reform Vital to Industry Success

By Sarah Borchersen-Keto, CCH Washington News Bureau, Contributing Author, the CCH Federal Banking Law Reporter, March 16, 2011. The biggest risk to the future success of the banking industry would be its failure to support reforms needed to ensure long-term stability in financial markets and the economy, Federal Deposit Insurance Corp. Chairman Sheila Bair said […]

Bair Says Bank Support for Reform Vital to Industry Success

By Sarah Borchersen-Keto, CCH Washington News Bureau, Contributing Author, the CCH Federal Banking Law Reporter, March 16, 2011. The biggest risk to the future success of the banking industry would be its failure to support reforms needed to ensure long-term stability in financial markets and the economy, Federal Deposit Insurance Corp. Chairman Sheila Bair said […]

Bachus Legislation Would Change CFPB Lead

By Sarah Borchersen-Keto, CCH Washington News Bureau, and Serena Lynn, Editor, the CCH Federal Banking Law Reporter and Bank Digest, March 16, 2011. House Financial Services Committee Chairman Spencer Bachus, R-Ala., has introduced legislation that would replace the Consumer Financial Protection Bureau director with a bipartisan commission of five members modeled after the Securities and Exchange […]