Ebook: Governing Banking’s Future: Markets vs. Regulation

I Overview.- 1 Introduction: The Uncertain Future of U.S. Banking.- 2 Governing Banking’s Future: A View from the Fed.- II International Coordination of Regulation.- 3 International Regulation: How Much Cooperation Is Needed?.- 4 Tension between Competition and Coordination in International Financial Regulation.- Comment on International Coordination of Regulation.- III Bank Insulation.- 5 Can Banks Be Insulated from Nonbank Affiliates?.- 6 Banks Are Not Special: The Federal Safety Net and Banking Powers.- Comment on Insulating Banks.- Comment on Bank Insulation.- IV Payment System Risk.- 7 Daylight Overdrafts: Who Really Bears the Risk?.- 8 Payment System Risk: A Private-Sector View.- 9 The Government’s Role in Payment Systems: Lessons from the Canadian Experience.- Comment on Payment System Risk.- 10 A Proposal to Rely on Market Interest Rates on Intraday Funds to Reduce Payment System Risk.