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.
The authors examine the arguments for and against source-based capital income taxation, focusing on the factors that countries must balance in thinking about the extent to which they should rely on a corporate income tax as a significant source of revenue.