April 2, 2024 - Federal Reserve Board Governor Michelle W. Bowman gave a speech entitled, "Bank Mergers and Acquisitions, and De Novo Bank Formation: Implications for the Future of the Banking System," at a workshop on the...more
August 24, 2023- The Office of Financial Research published a brief entitled, "Work-from-Home and the Future Consolidation of the U.S. Commercial Real Estate Office Sector: The Decline of Regional Malls May Provide...more
March 22, 2023- U.S. Senator Tim Scott (R-S.C.), Ranking Member of the U.S. Senate Committee on Banking, Housing, and Urban Affairs, delivered remarks to the American Bankers Association at a summit in Washington, D.C....more
On October 26, 2017, the Office of Financial Research (“OFR”), an arm of the Treasury Department, issued a Report of its Director that challenges the standard set forth in the Dodd-Frank Act for determining which entities are...more
Director of the US Office of Financial Research (OFR) Richard Berner spoke about financial resilience, including how to define, measure and monitor financial stability or resilience. He noted that resilience has two key...more
Full copy of the comment letter recently submitted by Dechert to the Securities & Exchange Commission regarding the Office of Financial Research’s report on "Asset Management and Financial Stability." Dechert is highly...more
The Treasury’s Office of Financial Research (the “OFR”) delivered a report to the Financial Stability Oversight Council (the “FSOC”) discussing ways that activities in the asset management industry might create, amplify, or...more
The Office of Financial Research (“OFR”), an office of the U.S. Department of the Treasury, recently issued a report that may provide a roadmap for future designations by the Financial Stability Oversight Council (“FSOC”) of...more
Asset managers create vulnerabilities “that could pose, amplify, or transmit threats to financial stability,” according to the Treasury Department’s Office of Financial Research (OFR) in a September 2013 report....more
The Office of Financial Research, or OFR, was created by the Dodd-Frank Act. It recently published a paper with the title “How Likely is Contagion in Financial Networks?” ...more
The Office of Financial Research (OFR) of the US Treasury Department (which was created by the Dodd-Frank Wall Street Reform and Consumer Protection Act) has been participating in a global effort to improve the infrastructure...more
The Dodd-Frank Wall Street Reform and Consumer Protection Act established the Office of Financial Research, or OFR, within the Treasury Department to improve the quality of financial data available to policymakers and to...more