Sen. Xochitl Gálvez, the Mexican opposition nominee for president, chose to visit a suburb north of Houston for her first campaign event abroad. Research scholar Rodrigo Montes de Oca explains why it was a smart choice — and what the visit shows about the dark horse candidate.
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.
Mexico’s electoral authorities made several poor decisions in the two most recent election cycles. This brief examines these decisions in light of the continued fragility of Mexico's political institutions, and it argues that all rulings are pivotal for the credibility of future elections and the consolidation of Mexico’s democracy.
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.