This brief estimates the costs of regulatory bank compliance under the Dodd-Frank Act, passed after the 2008 financial crisis to reduce risk-taking by banks.
Despite the period of very low interest rates since the 2008 financial crisis, bank lending has failed to recover. In this issue brief, public finance fellow Thomas L. Hogan explores the potential causes of this post-crisis decline in bank lending.
Divisions across ethnic and religious lines in several Middle East countries since the 2011 Arab uprisings have brought renewed attention to the consociational model of governance. This student brief examines Lebanon’s consociational system in order to gauge whether it would be useful for other countries in the region experience similar ethnic or religious divisions.
The author explores consociational democracy as it has played out in Lebanon, and its possible use as a heuristic tool to rethink the relationship between communal groups, political organizations, and the state in the contemporary Middle East.
This issue brief summarizes the debate over regulatory complexity, outlines a proposal from the Federal Reserve that would simplify bank capital regulations and another from the OCC that would push the financial regulatory system toward greater complexity, and recommends reforms to help improve financial stability.