Share this page!

Enter URL or ID to Unroll

You can paste full URL like: https://x.com/threadreaderapp/status/1644127596119195649
or just the ID like: 1644127596119195649

How to get URL link on X (Twitter) App

  1. On the Twitter thread, click on or icon on the bottom
  2. Click again on or Share Via icon
  3. Click on Copy Link to Tweet
  4. Paste it above and click "Unroll Thread"!
  5. More info at Twitter Help
Bank Policy Institute Profile picture
Bank Policy Institute
@bankpolicy
The Bank Policy Institute (BPI) is a nonpartisan research and advocacy group representing the nation’s leading banks.
Jan 9 • 6 tweets • 2 min read
.@federalreserve Vice Chair for Supervision Michael Barr said the Basel capital proposal would have a minimal impact on the cost of lending: only 3 basis points, or 0.03 percent. However, the banking agencies’ analysis inexplicably leaves out $1 trillion...🧵 ...from the nearly $2 trillion increase in risk-weighted assets for operational risk. The operational risk capital charge is a key component of the proposal that would impose a broad tax on all banking activities.
Nov 9, 2022 • 7 tweets • 2 min read
We’ve just witnessed the implosion of the world’s second largest crypto exchange, owned by the most prominent figure in crypto. 1/7 And yet there appear to be no financial stability implications whatsoever. The U.S. economy is unaffected; stock and bond markets are unaffected; most Americans are unaware that it even happened. 2/7
Oct 11, 2022 • 5 tweets • 1 min read
1/5 Today, the @bankofengland is again serving as “market maker of last resort,” supplanting private sector intermediation and trading bonds with taxpayer money.  The BofE is acting in crisis but the Fed has taken the same action in normal times (2019) as well as crisis (2020). 2/5 Since 2019, the Fed and others have recognized that a growth in fixed-income issuance, including Treasuries, has been accompanied by a shrinking of private sector capital devoted to making markets in those securities, driven largely by overly stringent regulation.
Aug 19, 2021 • 5 tweets • 2 min read
Well, that didn’t age well… A new UT-Austin study further emphasizes that the #PPP, designed to serve the needs of struggling businesses during the worst of the pandemic, suffered from high rates of fraud made possible with the help of FinTechs. papers.ssrn.com/sol3/papers.cf…
Mar 6, 2019 • 7 tweets • 3 min read
Shoddy reporting by @bloomberg in this story. It uses misleading statistics to falsely imply that banks are pulling back from lending to LMI community. Here comes a tweet storm cc: @MichelleF_Davis @MooreMichaelJ @dcraiggordon
The suggestion made in this article that large backs are leaving poor neighborhoods is simply false. cc: @MichelleF_Davis @MooreMichaelJ @dcraiggordon