Category Archives: Regulations and regulators

Quelle Surprise! Financial Firm Fines Are Way Down Under Trump

The latest sighting on how financial firms are getting off easy, yet have the bad taste to complain about their paltry punishments.

Wolf Richter: How Banks Hurt the Real Economy – FDIC’s Hoenig to Senate

The FDIC’s Tom Hoenig takes up the thankless task of shellacking the latest self-serving whinge from Jamie Dimon.

What the US “Health Care Reform” Debate Did Not Address

A sobering compendium of the factors responsible for the rot in the US health care system.

Payday Lending and the CFPB: Another Pending Cordray Fail

CFPB director Richard Corday’s failure to push for a payday lending rule earlier means we’ll see no rule, for the indefinite future.

Bill Black: Subprime Auto Loan Defaults on the Rise

Black discusses subprime auto lending and the failure of federal banking regulators to regulate– a problem that didn’t originate w/ Trump.

SEC Punts on Unfinished Dodd-Frank Agenda, Thus Avoiding Congressional Review Act

The biannual statement of the SEC regulatory agenda quietly deep sixes some long-pending measures, saving them from CRA challenge.

Food, the UK and Brexit: An Even Messier Reprise of Corn Laws Politics?

Surprisingly, or maybe not so, food is emerging as a flash point in Brexit politics.

How Electronic Health Records Degrade Care and Endanger Patients

A deep dive by a practicing surgeon into how electronic health care records are bad for patients and doctors but good for administrators.

Wells Fargo at It Again, Stuck Over 800,000 Customers With Unnecessary Car Insurance

Scheming Wells Fargo just can’t stop itself.

Wolf Richter: Markets, Regulators Ignore Ticking Time Bomb of Shadow Margin Loans

Shadow margin loans are a sign of speculative excess and complacency about risk.

Cobalt Production as the Hidden Choke Point on Mass Conversion to Electric Vehicles

Going from the internal combustion engine to electric vehicles is likely to hit a cobalt road block.

Healthcare Hypocrisy: How Politicians Hide Behind the 1986 EMTALA Law to Avoid Healthcare Reform

Is the emergency room mandate, EMTALA, responsible for lawmakers failing to devise reasonable legislation to fund health care?

House Votes to Overturn CFPB Mandatory Arbitration Ban

House takes first step to kill mandatory arbitration ban; Senate and Trump will follow. Why did the CFPB wait so long to act on this issue?

How a Banking Union Has Created Deep Divisions that Undermine the Eurozone’s Stability

How the new European banking reforms have weakened stability and hurt some countries, particularly Italy, while helping German banks.

US to Bar its Citizens from Travel to North Korea: What Comes Next?

Today North Korea, tomorrow– who knows? US ban on travel by its citizens to North Korea revives a problematic Cold War practice.