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As we have previously reported, consumer advocates have uniformly and vigorously opposed the OCC’s CRA final rule, accusing the agency of acting hastily to “unlawfully gut[]” the CRA. [read post]
17 Mar 2021, 10:46 am by Daniel Jin
Given the importance of ESG issues to the modern-day investor and the SEC’s position that disclosures about these issues are material to investor decision-making,[17] it is a matter of time before we see SEC reporting requirements on ESG issues and related enforcement activity. [read post]
24 Sep 2020, 9:05 pm by Joshua Burd
WHAT WE’RE READING THIS WEEK In a National Bureau for Economic Research working paper, Sumedha Gupta, professor of economics at Indiana University–Purdue University Indianapolis, and her coauthors found that tightening prescription restrictions of one opioid caused an increase in the prescriptions of other opioids. [read post]
23 Jul 2020, 5:20 am by Simon Lester
I would also like to acknowledge the presence of a very important member of our economic team, Lael Brainard, because her mother works here at S.A.I.S., and I want her mother to know she's done a good job! [read post]
7 Aug 2019, 9:23 am by Kristian Soltes
The new service, dubbed FedNow, will reach “every bank in every community in the country,” said economist and Fed governor Lael Brainard in making the announcement in an afternoon presentation at the Federal Reserve Bank of Kansas City. [read post]
18 Mar 2022, 8:56 am by Zak Gowen
Pat Toomey, R-PA, signaled his opposition to Lael Brainard over climate-related issues. [read post]
13 Aug 2020, 6:59 am by Kristian Soltes
We look to be on track for 2023 or 2024 but I expect over the coming year we will be able to get a little more precise about when we’ll be able to deliver the service,” said Kansas City Fed president Esther George, who spoke during a Web presentation that included Fed governor Lael Brainard and Kenneth Montgomery, the Boston Fed executive who has been heading up the FedNow effort for the past year. [read post]
31 May 2023, 1:44 pm by Kevin LaCroix
Federal Reserve Vice Chair Lael Brainard recently said that creating a CBDC in the U.S. would likely take five years. [read post]