Setting caps on interest rates can lead to unintended, negative consequences for borrowers.
Scholar argues that policymakers should reexamine usury laws and introduce public banking to combat payday lending.
Replacing the primary international interest rate poses risks, but policymakers are ready for the challenge.
Wyoming’s first cryptocurrency bank may herald a new era of U.S. cryptocurrency regulation.
Policymakers say that postal banking could offer financial support to underserved people while saving an American institution.
The Fed is beginning to consider policy responses to climate change.
A new oversight agency should monitor the Federal Reserve’s efforts to reduce racial inequality.
Minority-owned businesses are vital to economic growth, but discriminatory lending hinders access to credit.
The Federal Reserve should order banks to preserve capital by retaining earnings and halting all shareholder payouts.
Scholar argues regulation is needed to address unbridled intermediary activity in cryptocurrency.
The CFPB has proposed new regulatory tools to promote innovation in the financial services sector.
Scholar advocates for regulating banks like infrastructure.