There is a limit to the degree domestic regulation can go without severely impairing the global competitive economic advantages that the United States has enjoyed for so many decades.

On May 12, 1995 Congress adopted legislation that includes reforms to the Glass-Steagall Act.  One part of this bill provides for creation of a new kind of uninsured depository institution called a wholesale financial institution ("WFI").

It would be a mistake to add an additional layer of supervision and oversight of the large bank risk modeling process.

The vast majority of the largest U.S. banking organizations already issue subordinated debt, and this debt does provide some market discipline and transparency.

Opponents ofcredit-union charter conversion to banks do not havea reasonable position.

The Federal Deposit Insurance Corporation should permit its moratorium on nonfinancial firms acquiring ILC charters to expire as planned on January 31.

It may be a good sign that Barney Frank is deferring action on a plan to create a government agency to resolve "systemically important" failing financial institutions.

The Shadow Financial Regulatory Committee believes that the banking industry was short-sighted in encouraging the adoption ofthe provision of the Deficit Reduction Act of 2005 that extended to five years the period during which replenishmentof the depositinsurance fund must occur.