Regulation has a vital role in any financial system—and changes to U.S. financial regulation were clearly needed in the wake of the financial crisis. However, in a constantly evolving economy, discussion over the proper calibration of...

While a major overhaul of U.S. financial regulation may be unlikely during the early months of the Trump administration, changes should be expected as his nominees to lead the Treasury Department and financial regulatory agencies are...

Submitted electronically Thomas J. Curry Comptroller of the Currency Office of the Comptroller of the Currency 400 7th Street, SW Washington, D.C. 20219 Dear Comptroller Curry, The Milken Institute Center for Financial Markets would like to...

WASHINGTON, DC — FasterCures, a center of the Milken Institute, commends the U.S. Senate on today’s strong, bipartisan support of the 21st Century Cures Act (H.R. 34), which passed the Senate on a 94-5 vote, matching the U.S. House of...

A few months ago, we produced a timetable for the implementation of U.S. financial reform under the Dodd-Frank Act. One of the main observations was that the legislation did little to consolidate regulation outside of banking. In contrast...

SBA and Milken Institute Launch Initiative to Improve Access to Capital for Underserved Communities in Los Angeles LOS ANGELES — Today the U.S. Small Business Administration (SBA) and the Milken Institute jointly launched the Los Angeles...

Passed in 1970, the California Environmental Quality Act (CEQA) is the state’s broadest environmental law. While the landmark legislation was designed as a tool for activists to protect the state’s fragile ecosystems, litigation abuse has...

There is a simple and sensible way to finally achieve comprehensive housing finance reform in the U.S.. The approach proposed in this paper is to amend the charters of Ginnie Mae, Fannie Mae and Freddie Mac, and the Federal Housing Finance...

The Dodd-Frank Act is the most far-reaching financial regulatory reform in the U.S. since the nation emerged from the Great Depression in the 1930s. The act aims to limit systemic risk, allow for the safe resolution of the largest...

Eight years after the mortgage meltdown, America’s housing system remains broken, serving neither taxpayers nor homeowners properly. Ed DeMarco and Michael Bright have released the first in a four-part series of papers designed to help...