Speeches and Remarks: Remarks by Policy Director Marcus Stanley re derivatives clearing at CFTC Market Risk Advisory Committee
Additional information about this meeting is available here.
Additional information about this meeting is available here.
On July 17, 2018, AFR Policy Director Marcus Stanley offered testimony at a hearing entitled “Examining Capital Regimes for Financial Institutions,” before the Financial Institutions and Consumer Credit Subcommittee of the House Financial Services Committee.
AFR Policy Director Marcus Stanley testified to the Financial Institutions subcommittee of the House Financial Services Committee on five pieces of proposed legislation. Written Testimony: Marcus Stanley Testimony To House Financial Services FI Subcommittee December 7 2017 FINAL The full hearing is available here: https://financialservices.house.gov/calendar/eventsingle.aspx?EventID=402730
AFR policy director Marcus Stanley testified to the Maryland Financial Consumer Protection Commission on progress in financial regulation Testimony Before Maryland Financial Consumer Protection Commission — Marcus Stanley AGENDA and VIDEO (See December 5th Meeting): http://dls.maryland.gov/policy-areas/maryland-financial-consumer-protection-commission
“Today’s hearing asks us to consider the impact of the Dodd-Frank Act on small banks. I want to make two broad points. First, community banks face economic headwinds that are unrelated to Dodd-Frank, connected both to long-term trends and to the effects of the financial crisis itself. Second, the big picture is that community banks have returned to profitability under Dodd-Frank. In 2015, over 95% of community banks earned a profit – up from just 78% in 2010, the year Dodd-Frank was passed.”
AFR’s Policy Director, Marcus Stanley, testified before the Senate Banking Committee regarding capital formation and reducing small business burdens.
AFR’s Policy Director, Marcus Stanley, gave a presentation at Brookings Institution’s forum on systemic risk regulation of the insurance industry.
AFR’s Policy Director, Dr. Marcus Stanley, provided testimony before the Senate Banking Committee during a hearing on the examining of small depository institutions.
Appearing before the House Financial Services Committee’s Subcommittee on Consumer Credit, AFR Policy Director Marcus Stanley criticized a set of bills that would undermine current consumer protections, weaken Wall Street reforms, and put roadblocks in the way of financial regulators.
AFR Policy Director Marcus Stanley participates in debate on ‘Smaller, Simpler Banks’ with Rodgin Cohen (Chair of Sullivan and Cromwell), John Dugan (former Comptroller of the Currency), and Randall Kroszner (University of Chicago; former Governor on the Federal Reserve Board). The debate was sponsored by the International Institute of Finance. As the only public interest representative at the debate, Dr. Stanley defending the need for simplifying and shrinking big banks.