This brief proposes that the establishment of a nationwide system of community development banks (CDBs) would advance the capital development of the economy. The proposal is based on the notion that a critical function of the financial system is not being adequately performed by existing...

Who should regulate bank holding companies? The recent Treasury proposal to consolidate the federal banking agencies would require that the Federal Reserve give up the power to regulate bank holding companies (BHCs) that it has had since the passage of the bank Holding Company Act of 1956. The...

In recent statements, federal bank regulators from the OCC, FDIC, the Board of Governors of the Federal Reserve and Federal Reserve Banks have called for a new approach to bank examinations. The essence of the new approach to bank examinations is what Comptroller of the Currency Eugene Ludwig...