The Great Debate

from Breakingviews:

Few people know who this man is, and he’s probably better off that way

July 29, 2014

By Rob Cox

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

Servicing the underbanked

By Jamie Fulmer
February 13, 2014

A new report from the United States Postal Service inspector general proposes that the agency offer non-bank financial services, including payday loans. Opinion pieces and blog posts praised this idea as a way for the post office to solve its fiscal woes while reaching a portion of Americans outside the traditional banking system. A Reuters “Great Debate” piece, “Transforming Post Offices into banks”), called the proposal a “win-win.”

The battle over money funds

By Thomas Cooley and Kim Schoenholtz
March 7, 2012

Both Securities and Exchange Commission Chairman Mary Schapiro and Federal Reserve Chairman Ben Bernanke have warned in recent days that money market funds remain vulnerable to runs. That is unquestionably true, and if a run occurs, U.S. taxpayers will bear the costs of bailing them out. Should taxpayers continue to subsidize the money market mutual fund (MMMF) industry?

The next hot ticket in financial reform

By John Morrall
October 8, 2010

By John Morrall, Richard Williams and Todd Zywicki
The opinions expressed are their own.

Senate vote exposes Wall Street impotence

May 21, 2010

Wall Street’s diminished influence in Washington was made plain yesterday when the Senate voted to approve financial reform legislation by 59 votes to 39.

Communities of color need financial protections

By Jose Garcia
May 19, 2010

- Jose Garcia is associate director for research and policy at Demos. He is responsible for providing statistical and policy analysis for Demos’ Economic Opportunity Program on issues such as household debt and assets. -

After clash, Senate filibuster ends in whimper

April 29, 2010

Just a few minutes after the Senate failed for a third time in as many days to reach the 60-votes needed to approve a cloture motion on the financial reform bill (failing 56-42), Senate Majority Leader Harry Reid rose to his feet and asked the chamber’s presiding officer:

Wall Street needs to return to the basic principles of regulation

By Damon Silvers
April 27, 2010

– Damon Silvers is director of policy and special counsel for AFL-CIO. The views expressed are his own. —

SEC’s case against Goldman highlights need for Wall Street reform

By Ed Mierzwinski
April 22, 2010

Ed Mierzwinski is the longtime consumer program director of U.S. PIRG, the federation of state Public Interest Research Groups. U.S. PIRG is a founding member of Americans for Financial Reform, an unprecedented coalition of over 250 labor, senior, civil rights, community and consumer organizations. –

China’s yuan, not the dollar, is too cheap

November 16, 2009

morici– Peter Morici is a Professor at the Smith School of Business, University of Maryland, and former chief economist at the United States International Trade Commission. The views expressed are his own. —