Monthly Archives: January 2011

As Usual, Roundtable’s Scott Talbott Tells It Straight And Accurate

Scott Talbott, the Financial Services Roundtable’s senior vice president for government affairs, said in a just-published interview in CEO Update that representing the Roundtable in Washington requires three things: honesty, accuracy and speed.  The people you work with on Capital … Continue reading

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Bi-Partisan Support For Changes In Fed’s Proposed Debit Card Fee Rule Starting To Grow

The Federal Reserve’s proposal to price-fix the fee banks charge retailers when their customers pay for a purchase using a debit card is doing something that few other issues seem to be able to do these days – bring Republicans … Continue reading

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Need A Job? Financial Services Roundtable Launches www.jobsatthetop.org To Help

Members of the Financial Services Roundtable, who currently employ about 2.4 million people across the United States, are hiring.  Jobs are available in virtually every region of the country and you don’t need an MBA or other advanced degree to … Continue reading

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President’s Executive Order on Regulatory Balance is a Positive Step forward.

President Obama made big headlines this morning when he revealed in the Wall Street Journal his plan to issue an executive order mandating that federal departments and agencies review regulations to reduce the burden on business.  The President said his executive order will require federal … Continue reading

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Industry Mortgage Prevention Efforts Now Include 4 Million Modifications

One of the biggest successes of the financial services industry over the past few years has been the work it has done to prevent foreclosures and keep homeowners living in their homes.  It hasn’t been easy.  The combination of a … Continue reading

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More Red Flags On The Fed’s Interchange Fee Proposal

I’ve posted about this before (here and here for example) but we now have more information about how the Fed-proposed price controls will hurt consumers and merchants alike.  The bottom line: Some consumers are likely to find that some of the services they have … Continue reading

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Unintended consequences of credit card regulation

Professor Todd Zywicki at the George Mason University School of Law makes a a number of good points in the Wall Street Journal about how new federal limits on credit-card issuers have forced more Americans to go to payday lenders, pawn shops and local loan sharks in order to get credit. Continue reading

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Gallup Poll: Americans More Optimistic About Economy

The most recent Gallup poll validates what anyone who was in a shopping mall over the holidays already knew: Americans are far more optimistic about their own financial situation and the strength of the American economy as a whole than they … Continue reading

Posted in U.S. Economy | Comments Off