Latest work in Bank Regulations
- | Monetary Policy Monetary Policy
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Thomas Hoenig on Bank Capitalization and Fed Policy after COVID-19
As the economy recovers from the fallout of COVID-19, policymakers should consider committing to a long-term, systematic deleveraging of the banking sector.

- | Financial Markets Financial Markets
- | Policy Briefs Policy Briefs
Why Government Shouldn’t Regulate Reputation Risk at Banks
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
Bank Risk System From 2008 Has Problems
- | Financial Markets Financial Markets
- | Public Interest Comments Public Interest Comments
Comment for the Comptroller of the Currency’s Proposed Rule regarding Permissible Interest on Loans That Are Sold, Assigned, or Otherwise Transferred
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
Why Would Elizabeth Warren Want More Banks?
Her reform aims to avoid ‘too big to fail’ but would produce many institutions ‘too small to survive.’
- | Financial Markets Financial Markets
- | Working Papers Working Papers
Private Policies and Public Power
When Banks Act as Regulators within a Regime of Privilege
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- | Public Interest Comments Public Interest Comments
Harmonizing Private Securities Offering Exemptions
- | Regulation Regulation
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Sanders-Ocasio-Cortez Plan to Cap Credit Card Interest Rates will Backfire on Consumers
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
The Recent Decline in the Number of Banks
A Series on Bank Size and Concentration

- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
Historical Perspectives on the Number of Banks
A Series on Bank Size and Concentration

- | Financial Markets Financial Markets
- | Public Interest Comments Public Interest Comments
Comment in Response to Proposed Rule on Payday, Vehicle-Title, and Certain High-Cost Installment Loans
- | Regulation Regulation
- | Expert Commentary Expert Commentary
Righting a Flawed Payday Loans Rule

- | Monetary Policy Monetary Policy
- | Working Papers Working Papers
Money Demand and Seignorage Maximization before the End of the Zimbabwean Dollar
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
On the Rising Regulatory Burden of Basel-Style Bank Capital Requirements
- | Regulation Regulation
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Did the Gramm-Leach-Bliley Act Deregulate?

- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
Did the Gramm-Leach-Bliley Act Deregulate?
- | Housing Housing
- | Expert Commentary Expert Commentary
No Need to Fight over the OCC's Fintech Charter
- | Regulation Regulation
- | Expert Commentary Expert Commentary
Pull the US out of the European Bank for Reconstruction and Development

Latest work in Bank Regulations
- | Monetary Policy Monetary Policy
- | Mercatus Original Podcasts Mercatus Original Podcasts
- | Macro Musings Macro Musings
Thomas Hoenig on Bank Capitalization and Fed Policy after COVID-19
As the economy recovers from the fallout of COVID-19, policymakers should consider committing to a long-term, systematic deleveraging of the banking sector.

- | Financial Markets Financial Markets
- | Policy Briefs Policy Briefs
Why Government Shouldn’t Regulate Reputation Risk at Banks
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
Bank Risk System From 2008 Has Problems
- | Financial Markets Financial Markets
- | Public Interest Comments Public Interest Comments
Comment for the Comptroller of the Currency’s Proposed Rule regarding Permissible Interest on Loans That Are Sold, Assigned, or Otherwise Transferred
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
Why Would Elizabeth Warren Want More Banks?
Her reform aims to avoid ‘too big to fail’ but would produce many institutions ‘too small to survive.’
- | Financial Markets Financial Markets
- | Working Papers Working Papers
Private Policies and Public Power
When Banks Act as Regulators within a Regime of Privilege
- | Financial Markets Financial Markets
- | Public Interest Comments Public Interest Comments
Harmonizing Private Securities Offering Exemptions
- | Regulation Regulation
- | Expert Commentary Expert Commentary
Sanders-Ocasio-Cortez Plan to Cap Credit Card Interest Rates will Backfire on Consumers
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
The Recent Decline in the Number of Banks
A Series on Bank Size and Concentration

- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
Historical Perspectives on the Number of Banks
A Series on Bank Size and Concentration

- | Financial Markets Financial Markets
- | Public Interest Comments Public Interest Comments
Comment in Response to Proposed Rule on Payday, Vehicle-Title, and Certain High-Cost Installment Loans
- | Regulation Regulation
- | Expert Commentary Expert Commentary
Righting a Flawed Payday Loans Rule

- | Monetary Policy Monetary Policy
- | Working Papers Working Papers
Money Demand and Seignorage Maximization before the End of the Zimbabwean Dollar
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
On the Rising Regulatory Burden of Basel-Style Bank Capital Requirements
- | Regulation Regulation
- | Expert Commentary Expert Commentary
Did the Gramm-Leach-Bliley Act Deregulate?

- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
Did the Gramm-Leach-Bliley Act Deregulate?
- | Housing Housing
- | Expert Commentary Expert Commentary
No Need to Fight over the OCC's Fintech Charter
- | Regulation Regulation
- | Expert Commentary Expert Commentary
Pull the US out of the European Bank for Reconstruction and Development

Latest work in Bank Regulations
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How Are Small Banks Faring under Dodd-Frank?

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Payday Lending, Bank Overdraft Protection, and Fair Competition at the Consumer Financial Protection Bureau
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- | Research Papers Research Papers
Commentary: CFPB Study of Overdraft Program
- | Regulation Regulation
- | Data Visualizations Data Visualizations
Did Deregulation Cause the Financial Crisis? Examining a Common Justification for Dodd-Frank

- | Financial Markets Financial Markets
- | Research Papers Research Papers
Rethinking Which Accounts Qualify For Deposit Insurance
- | Financial Markets Financial Markets
- | Working Papers Working Papers
Resolving Too-Big-To-Fail Banks in the United States
- | Government Spending Government Spending
- | Policy Briefs Policy Briefs
Would Taxing Banks Really Make the Banking System Safer?
- | Regulation Regulation
- | Working Papers Working Papers
Evaluating Risk-Based Capital Regulation
- | Financial Markets Financial Markets
- | Policy Briefs Policy Briefs
Rethinking the Volcker Rule
- | Financial Markets Financial Markets
- | Policy Briefs Policy Briefs
Deposit Insurance Is Not Free
- | Government Spending Government Spending
- | Data Visualizations Data Visualizations
Student Loans Held by the Federal Government

- | Academic & Student Programs Academic & Student Programs
- | Regulation Regulation
- | Journal Articles Journal Articles
The Economics and Regulation of Bank Overdraft Protection

- | Regulation Regulation
- | Policy Briefs Policy Briefs
The Unintended Consequences of International Bank Capital Standards
- | Monetary Policy Monetary Policy
- | Policy Briefs Policy Briefs
Bank Risk Management

Latest work in Bank Regulations
Latest work in Bank Regulations
- | Financial Markets Financial Markets
- | Federal Testimonies Federal Testimonies
Regulatory Landscape: Burdens on Small Financial Institutions
Testimony Before the House Committee on Small Business
- | Financial Markets Financial Markets
- | Federal Testimonies Federal Testimonies
Regulatory Burdens: The Impact of Dodd-Frank on Community Banking
Testimony before the House Committee on Oversight and Government Reform
- | Regulation Regulation
- | Public Interest Comments Public Interest Comments
The Impacts of Overdraft Programs on Consumers
- | Monetary Policy Monetary Policy
- | Federal Testimonies Federal Testimonies
Fractional Reserve Banking
Testimony Before the House Subcommittee on Domestic Monetary Policy and Technology
Latest work in Bank Regulations
- | Regulation Regulation
- | Expert Commentary Expert Commentary
Pull the US out of the European Bank for Reconstruction and Development

- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
Minneapolis Fed’s ‘Too Big to Fail’ Proposal Still Too Complex
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
Offshore Banking Guards against Tyranny
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
Some Quick First Steps to Get Financial Reform Moving
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
Calm Your Financial Fears
- | Expert Commentary Expert Commentary
A Higher Leverage Ratio Can Prevent Crises, and That Matters
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
Regulations Intended to Strengthen Community Life May Do Just the Reverse
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
The Path to 'Too Big to Fail'
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
Will Congress Fix Supreme Court's Madden Mistake?
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
Hensarling Bill Gives Credence to 'Capital Is King'
- | Financial Markets Financial Markets
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Keep Banks' Capital Requirements High to Protect against Financial Crises
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- | Expert Commentary Expert Commentary
Postal Banking Didn't Work in 1910 — and It Won't Now
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
Why We Shouldn't Bring Back Glass-Steagall
- | Regulation Regulation
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Congress Should Press Janet Yellen on Federal Reserve's Regulatory Role
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How to Bring Market Discipline Back to Banking
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- | Expert Commentary Expert Commentary
Regulation In the Form of Big Bank Coercion
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- | Expert Commentary Expert Commentary
More Data Collection Won't Stop Future Financial Crises
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- | Expert Commentary Expert Commentary
Bank Shareholders and Customers Take Backseat to Regulators
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
The Small Bank Slide
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary