Former Fed Gov Tarullo sees systemic risk in irrelevant Federal Home Loan banks nationalmortgagenews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nationalmortgagenews.com Daily Mail and Mail on Sunday newspapers.
In an open letter to Sandra L. Thompson, President Biden’s nominee for director of the Federal Housing Finance Agency, two longtime advocates of the Federal Home Loan banks suggest a new path forward.
In an open letter to Sandra L. Thompson, President Biden’s nominee for Director of the Federal Housing Finance Agency, two longtime advocates of the Federal Home Loan banks suggest a new path forward.
Government must adapt supervision to account for fintechs, cryptocurrencies and other innovations. Otherwise it could contribute to a debacle like when it failed to grasp the impact that new financial instruments such as money market funds would have on traditional financial institutions.