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Fed Governor provides insight into FSOC's thinking on SIFIs appears that regs will be set up to discourage mergers of SIFIs

  • Mintz Levin Cohn Ferris Glovsky and Popeo PC
  • -
  • USA
  • -
  • June 3 2011

In a speech Friday in Washington, D.C., Federal Reserve Governor Daniel Tarullo stated that federal regulators should mandate capital surcharges as a means of disincentivizing mergers by systemically important financial institutions (“SIFIs”), in cases that would increase risk without yielding substantial public benefits

House GOP member introduces alternative GSE reform bill

  • Mintz Levin Cohn Ferris Glovsky and Popeo PC
  • -
  • USA
  • -
  • May 13 2011

Although the Republican party line on housing finance reform has been almost entirely focused on full privatization, Rep. John Campbell (R-CA) crossed the aisle to drop a bill with Rep. Gary Peters (D-MI) that left intact a role for the federal government