Stephen Mumme, nonresident scholar at the Center for the United States and Mexico, explores the recent Rio Grande water war and its temporary resolution, arguing that the 1944 water treaty has once again proven resilient and adaptable to the challenges confronting both the United States and Mexico as they share their transboundary water resources.
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.
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.