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FinRegRag is the Mercatus Center's ongoing and informal discussion of all things financial regulation.

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Latest Issues

Evolving Private Credit

Pieter Bruegel the Elder - Landscape with the Fall of Icarus

In recent months much has been written regarding the rapid growth of private credit (PC) and related risks incubating within the financial system. This concern has been intensifi...

6 days ago
11

Chairman Kevin Warsh: The New Sheriff in Town

Chairman Kevin Warsh is the new sheriff at the FOMC. He appears determined to get the markets behaving as markets and not as wards of the Fed. The policy statement was brief. It stuck to the facts. There was no forward guidance in either th...

11 days ago
7
3

Chairman Warsh Takes the Reins. What Follows?

The Economy Kevin Warsh Inherits

The Iran war has made the economic outlook for 2026 more complicated and policy more difficult to define. For much of the remainder of the year, the country is likely to remain in an inflationary boom:...

a month ago
10
1

Central Bank Independence — To What Degree?

Central bank independence from direct government control is generally accepted as the best means for a nation to achieve low inflation and relatively stable macroeconomic outcomes.[1]

Independence, however, does not guarantee those outcome...

2 months ago
12
1

Kevin Warsh's Confirmation Hearing

  1. Fed independence is a major challenge confronting Kevin Warsh should he be confirmed. Warsh says he will be independent, but he will be at risk almost immediately if confirmed. The President expects Warsh to lower interest rates soon aft...
2 months ago
8

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  • The Mercatus Center

    The Mercatus Center at George Mason University is the world’s premier university source for market-oriented ideas

  • FinRegRag
  • Thomas Hoenig

    Distinguished Senior Fellow at the Mercatus Center, George Mason University, Former President of the Federal Reserve Bank of Kansas City, Former Vice-Chair of the FDIC.

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