FinReg Roundup

Here’s a roundup of recent commentary by FinRegRag authors for May 2024.

Commentary

• We can’t be a republic only when it’s convenient by Brian Knight in The Hill.

• The myths that fuel the megabanks. Book review by Thomas Hoenig of the second edition of The Bankers’ New Clothes by Anat Admati and Martin Hellwig in Hypertext (Substack).

• Talking Climate Disclosure With a Former Top SEC Lawyer. Q&A with Andrew Vollmer in Capitol Account (Substack, paywall).

FinRegRag

• Part 4: Reasons a Court Should Find that the SEC Lacked Legal Authority for the Climate-Change Disclosure Rules by Andrew Vollmer.

• Having an EDGE on the Bailout/Too Big to Fail Problem by Steph Miller.

• A Simpler Way to Clawback and RECOUP Losses by Steph Miller.

Public Comment and Testimony

• Why Freddie Mac Shouldn't Expand to Second Mortgages. Public comment submitted to the Federal Housing Finance Agency by Thomas Hoenig, addressing the proposal by Freddie Mac to purchase single-family closed-end second mortgages.

• Enforcement of Federal Securities Laws Should Be Vigorous but Fair. Written testimony by Andrew Vollmer for the House Subcommittee on Capital Markets, Committee on Financial Services hearing, “SEC Enforcement: Balancing Deterrence with Due Process.”

Media Appearances

• SCOTUS Ruled The Country's Biggest 2A Group Had Their First Amendment Violated. Brian Knight interviewed on The Lars Larson Show.

• Rising Strains in Banking System Tie Fed's Hand in Inflation Fight and Fed Faces "Fragile Equilibrium" as Inflation Steadies Near 3%. Thomas Hoenig interviewed on Kathleen Hays Presents: Central Bank Central podcast.

• Banks and Their Customer Relationships: What is the Appropriate Role of Bank Regulators? Brian Knight interviewed on Ballard Spar’s Consumer Finance Monitor podcast.

• Fed has a lot to discuss. Thomas Hoenig interviewed on Fox Business.

• If the Fed wants 2% inflation, they have to raise rates. Thomas Hoenig interviewed on Straight Arrow News.