Why Financial Regulators Will Turn to Exams Over Rulemaking
Changes in technology and the law will make “policymaking by examination” more attractive to regulators.
Kelvin Chen is the head of policy for the Consumer Bankers Association and a former official at the Board of Governors of the Federal Reserve System and the Consumer Financial Protection Bureau.
Changes in technology and the law will make “policymaking by examination” more attractive to regulators.