Author Archives: Steve Bartlett

About Steve Bartlett

Steve Bartlett is President and CEO of The Financial Services Roundtable, and has served in that role since June 1999. Previously, he was the Mayor of Dallas, Texas (1991-95), a Member of the United States Congress (1983-91), and on the Dallas City Council (1977-81). At The Financial Services Roundtable, Mr. Bartlett has had a major impact on legislation including Gramm-Leach-Bliley, E-SIGN, the 2001-2003 Tax Cuts, the Fact Act (FCRA), Class Action Reform, consumer bankruptcy reform, regulatory reform and TARP.

Reforming the Reform

Reforming the Reform Two years after the passage of the Dodd-Frank Act, both sides of the aisle can agree that the law is in need of some vast improvements. On July 21, the Dodd-Frank Act (DFA) will pass the two … Continue reading

Posted in News Center, Public Policy: Legislation, Public Policy: Regulation, U.S. Economy | Comments Off

Stress Test: Put into Context

 Before the financial crisis of 2008 was over, both the U.S. government and the financial services industry had leapt into action to create both immediate and long-term strategies for strengthening both industry participants and the regulatory framework. These took the form of TARP, BASEL’s new capital requirements, the Dodd-Frank … Continue reading

Posted in U.S. Economy | Comments Off

Treasury Secretary: the U.S. Financial System is Significantly Stronger Since the Crisis

In remarks made yesterday afternoon, Treasury Secretary Tim Geithner said the U.S. financial system is getting stronger, and is now significantly stronger than it was before the crisis. This is consistent with a report that the Roundtable released earlier this … Continue reading

Posted in U.S. Economy | Comments Off

Job Growth and the Financial Services Industry

During his State of the Union speech the President said, ‘In the last 22 months, businesses have created more than three million jobs. Last year, they created the most jobs since 2005.’ All of those jobs were made possible by … Continue reading

Posted in U.S. Economy | Comments Off

Business Lending Up 8% for 2011

As we begin 2012, there are signs that the economy is growing. New construction of apartment buildings and supermarkets can be seen around town. Signs for hire are posted in storefront windows. But it is business lending in particular, that … Continue reading

Posted in U.S. Economy | Comments Off

Let’s Go:The CFPB and Financial Services Companies

 Last week, the Consumer Federation of America, one of the most effective and respected consumer organizations in the country, hosted a conference in Washington, DC.  I was honored when CFA invited me to speak at the conference because while we … Continue reading

Posted in Financial Literacy, U.S. Economy | Comments Off

WaPo Article on Fed Loans is Myopic and Misleading

Today’s Washington Post article, “Secret, low-interest loans from Federal Reserve helped banks reap $13 billion in income,” is myopic and misleading. Let’s travel back in time to fall of 2008. Top headlines were: “Stocks Drop Sharply and Credit Markets Seize … Continue reading

Posted in U.S. Economy | Comments Off

Laura J. Lane, an American Hero

I note that Laura Lane is leaving CitiGroup on good terms and starting a new phase of her career as Head of UPS Government Affairs. 200 countries, 90 employees. Full responsibility over UPS policy and government relations. What you may … Continue reading

Posted in Uncategorized | Comments Off

Getting Back to Business

This weekend my 6 year old granddaughter and I stopped by a Wells Fargo bank branch in Annadale, VA. There we found a lobby filled with Americans happily doing, of all things, banking business. Over the course of a hour … Continue reading

Posted in Investing, U.S. Economy | Comments Off

Good Governance: The Case for a Consumer Commission

Consumer protection would be strengthened by a five-member board Good governance is the norm, and it is how the Consumer Financial Protection Bureau ought to be run.  Speculation about who will be confirmed as the first Director and what qualifications … Continue reading

Posted in Public Policy: Regulation | Comments Off