Items tagged with banking:
News & Updates:
Faculty Affiliate Peter Conti-Brown examines and critiques a legislative solution that proposes banking for the poor through the postal system. Within this proposal, the United States Postal Service would not only oversee the mailing of letters and packages, but also traditional banking services as well. Professor Conti-Brown identified three thought provoking critiques that raise the question, are bankers—private and governmental alike—the best people to provide support for the poor?
The Volcker Rule, a regulation instituted in the wake of the financial crisis to prevent banks from making risky, short term trades, to be simplified; President Trump signs ‘right to try’ legislation; economic growth revised downward.
Marijuana is a booming business in the United States, but its growth is hampered by the paradox between state and federal policies toward the drug.
Faculty Affiliate Peter Conti-Brown explains how federal banking regulations force this cash-based enterprise to operate in a “gray market.”
Clash on bipartisan bank regulation roll back bill; North Korea promises to stop missile tests if US holds talks; February’s consumer sentiment inched down slightly at the end of this month, but still beat economists’ estimates.
Faculty Affiliate Peter Conti-Brown discusses waivers given to banks accused of errant trading practices.
“Don’t give us the worst of both worlds, which is to criminalize this activity but then not enforce this in the way that we would expect for criminal activity,” he says on how to deal with the criminality of large banks.