News & Events

Bloomberg, April 15, 2015. All Rights Reserved. Federal Reserve Bank of St. Louis President James Bullard repeated his call for beginning to normalize monetary policy and said maintaining interest rates near zero risks destructive asset-price bubbles. “A risk of remaining at the zero lower bound too long is that a significant asset-market bubble will develop,” […]

Reuters, April 15, 2015. All Rights Reserved. (Reuters) – A top Federal Reserve official said on Wednesday that it’s okay for the Fed to raise interest rates and then return to near-zero levels if the economic data shows that the central bank needs to retreat. "I don’t think there’s a problem with that," St. Louis […]

MNI Deutsche Börse Group, April 15, 2015. All Rights Reserved. WASHINGTON (MNI) – The vice chair of the Federal Deposit Insurance Corp. Wednesday argued against giving all small banks an exemption from the ban on proprietary trading by traditional banks, commonly known as the Volcker Rule, arguing that it does not impose any added regulatory […]

The Boston Globe, April 15, 2015. All Rights Reserved. Massachusetts Senator Elizabeth Warren wants to limit to just one the number of deals financial institutions accused of wrongdoing can cut with the government, a change that she believes would force corporations to follow the rules or face criminal charges. It’s among several new ideas that […]

Chicago Tribune, April 15, 2015. All Rights Reserved. Wall Street banks and their top executives should face new tax penalties to keep them from engaging in risky practices that can pose threats to the financial system, Sen. Elizabeth Warren said Wednesday. Warren, who has been a leading defender of the Dodd-Frank Act, called on the […]

The Huffington Post, April 15, 2015. All Rights Reserved. WASHINGTON — Sen. Elizabeth Warren (D-Mass.) assailed the nation’s top bank regulators on Wednesday for coddling Wall Street offenders and ducking the responsibilities Congress assigned them in the wake of the 2008 financial meltdown. At a conference hosted by the Levy Economics Institute, Warren called not […]

American Banker, April 15, 2015. All Rights Reserved. WASHINGTON — Hillary Clinton just kicked off her presidential bid on Sunday, but progressives have already begun a campaign of their own to shape the financial policy debate ahead of the 2016 elections. Sen. Elizabeth Warren, D-Mass., delivered a wide-ranging address on Wednesday, laying out an agenda for tending […]

Compliance Week, April 15, 2015. All Rights Reserved. If she had not already emphatically dismissed the idea of running for president, Sen. Elizabeth Warren (D-Mass.) delivered what would have been a headline-grabbing stump speech on Wednesday. Speaking at Bard College’s Levy Economics Institute, Warren presented her view of what is needed for continuing financial reforms beyond the […]