
Lawmakers Concerned Your Regulator Might Be Getting Too Chummy with You
Maybe it doesn't feel this way to you, but lawmakers are concerned that your examiners are getting a bit too chummy with financial institutions. They are pounding Fed examiners for being too cozy with the institutions they regulate, a concept known as "capture." Conflict-of-interest issues may need to be bolstered to address the revolving door of regulators moving into high-paying banking jobs. [11/24/14]