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staff
Dan Carol
Dan Carol is a senior director in the Milken Institute’s Center for Financial Markets and leads I
nstitute programming on climate-resilient infrastructure and public finance.
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report
The Big Keep Getting Bigger: Too-Big-to-Fail Banks 30 Years Later
The most recent financial crisis made it clear that something had to be done to make sure that big
banks would never again pose such a systemic threat to the financial system that they would have to be bailed out by the government. The main purpose
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report
Twelve Things You Need to Know About the Housing Market
It was six years ago this week that the Federal Housing Finance Agency placed Fannie Mae and Freddi
e Mac into conservatorships. Since then, the US housing system has made significant progress, yet critical challenges and much work remain.
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report
Rethinking Appraisals in a Modernized Housing Finance System
Ed DeMarco considers the recent evolution of the home appraisal industry and its role in a future h
ousing finance system that relies on private capital. He explores the issues facing the industry, including content, standards, and regulation.
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report
Currency Manipulation Provisions Do Not Belong in Trade Agreements
Demands for provisions to stop currency manipulation by foreign governments have become central to
the congressional debate over proposed trade agreements, including the Trans-Pacific Partnership and Transatlantic Trade and Investment Partnership, under
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report
Proxy Advisory Firms, Governance, Market Failure, and Regulation
Proxy advisory firms have arisen due to market failures underlying voting and the broader system of
corporate governance. However, proxy advisory firms, which are not subject to mandatory regulation, reflect market failures of their own.
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report
Payday Lending: Does Regulation Depend on Which Party Holds Power?
When a borrower receives a so-called “payday loan,” he or she writes a check that is postdated to t
he next payday or signs over permission for the lender to make an electronic withdrawal of the amount borrowed, plus fees, on that day.
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report
Comments_on_the_Department_of_the_Treasury_TREAS_Notice.pdf
The Milken Institute Center for Financial Markets (CFM) provided written comments to the Department
of the Treasury regarding expanding access to credit through online marketplace lending.
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article
FinTech in Focus - June 19, 2019
In this issue:
Industry Headlines »
Global Developments »
article
Milken Institute report calls for oversight of proxy advisory firms
WASHINGTON, June 13, 2019 – Reforms are needed to bring transparency and accountability to proxy adv
isory firms, whose advice to institutional investors influence the outcome of shareholder votes on matters like executive pay, acquisitions, and board ap
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article
Put Fannie and Freddie Out of Taxpayers’ Misery
The collapse of the housing finance system played a pivotal role in the 2008 financial crisis and th
e Great Recession.
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article
Why a Commission for CFPB May Be in Agency's Best Interest
Despite the House Financial Services Committee's passage of a bill to convert the Consumer
Financial Protection Bureau's leadership structure from a single director to a commission, Democrats have largely
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