Ep. 25: Local governments are in trouble. Can the Fed save them?

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Ep. 25: Local governments are in trouble. Can the Fed save them?

FromBankshot

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23 minutes

Released:

May 7, 2020

Format:

Podcast episode

Description

The pandemic is taking a toll on tax receipts, leading the central bank to establish a municipal debt facility. Without a turnaround, the consequences for the financial system could be dire.

Released:

May 7, 2020

Format:

Podcast episode

Titles in the series (81)

A biweekly podcast about banks, finance and the world we live in.

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Ep. 2: The unstable stability council: At first the Financial Stability Oversight Council wanted to target individual nonbanks that pose a risk to the economy. Now it wants to target activities rather than firms. Is that a good idea or a political ploy? by Bankshot
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Ep. 13: Are AML rules catching only the ‘stupid’ criminals?: Anti-money-laundering regulations are among the most costly, and few criminals get caught. Banks say there’s a better way. by Bankshot
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Ep. 10: CECL's uncharted territory by Bankshot
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Ep. 7: The evolution of the Fed's stress tests: Stress tests have come a long way since first unveiled to shore up confidence in banks. But some critics fear that proposals to make the system more efficient would compromise its safety. by Bankshot
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Ep. 34: Making sense of a bull market in a bear economy: The stock market has reached record highs despite rampant unemployment, recession and a global pandemic. by Bankshot
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Ep. 19: Why reforming Fannie and Freddie is so hard to do: As the administration gears up to end a decade of government control of Fannie and Freddie, are there any good options? (Part 1 of 2) by Bankshot
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Ep. 15: Libor is ending. We aren't ready: The most widely-referenced interest rate benchmark will cease to function after 2021, and the financial system is still coming to grips with that complicated reality. by Bankshot
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Ep. 23: Is it time to worry about inflation — or deflation?: With the government pumping trillions of new spending into the economy, experts are questioning the Federal Reserve's ability to keep prices stable. by Bankshot
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Ep. 16: Do big credit unions act too much like banks?: From expanding their membership to buying naming rights for major stadiums, big credit unions are taking unfair advantage of their tax exemption, bankers and industry observers argue. by Bankshot
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Access Denied episode 1: The wealth effect: In this featured episode from the , net worth disparities and the roles housing and mortgage discrimination play in Black homeownership show how it's impossible to close the gaps without eliminating racism. by Bankshot
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Ep. 22: 'We've never seen anything like this before': The novel coronavirus poses not only an unprecedented health crisis, but an unprecedented financial crisis as well. Can we forestall a worst-case scenario? by Bankshot
25 min listen
Ep. 56: Cannabis banking reform is almost here. What happens next? (Updated): Congress is expected to pass the by year-end in one way or another. Bankers can learn a thing or two from others who have already taken the plunge. by Bankshot
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Ep. 24: Banks brace for a new normal in commercial real estate: The office and retail markets could look very different in the aftermath of the coronavirus pandemic. Here's what it could mean for lenders. by Bankshot
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Ep. 32: Libor is out, but SOFR isn't quite in: As the discredited Libor interest rate benchmark enters its last months, some banks are turning away from the repo-based alternative that regulators prefer. What could go wrong? by Bankshot
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Ep. 25: Local governments are in trouble. Can the Fed save them?

Ep. 25: Local governments are in trouble. Can the Fed save them?

Description

Titles in the series (81)

More Episodes from Bankshot