Project 2025 Would Allow Financial Disaster To Bolster Wall Street’s Bottom Line ArticleJuly 1, 2024 Project 2025 Would Allow Financial Disaster To Bolster Wall Street’s Bottom Line New CAP analysis gauges the potential effects of a present-day financial disaster on workers and the economy if a far-right plan to put short-term gains for Wall Street above long-term prosperity for American families is successful. Jul 1, 2024 Marc Jarsulic, Lilith Fellowes-Granda
Transparency and Accountability in Insurance: Next Steps on Climate Risk Data Collection ArticleJune 13, 2024 Transparency and Accountability in Insurance: Next Steps on Climate Risk Data Collection The National Association of Insurance Commissioners and Federal Insurance Office are collecting data to learn how climate change affects insurance markets, and they should consider these recommended next steps to maximize the effectiveness of this effort. Jun 13, 2024 Lilith Fellowes-Granda
The CFPB Is Cleaning Up Junk Fees ReportApril 9, 2024 The CFPB Is Cleaning Up Junk Fees The Consumer Financial Protection Bureau has taken a series of actions to cut excessive and hidden junk fees in the financial marketplace, which will save consumers billions of dollars. Apr 9, 2024 Lilith Fellowes-Granda, David Correa
4 Principles for Addressing Climate Risks in the Insurance Industry ArticleMarch 13, 2024 4 Principles for Addressing Climate Risks in the Insurance Industry The U.S. insurance markets, consumers, and the financial system are already feeling the effects of climate change, and state and federal policymakers must act. Mar 13, 2024 Lilith Fellowes-Granda
Regulators’ Bank Capital Proposals Don’t Go Far Enough To Improve Financial Stability ArticleJanuary 16, 2024 Regulators’ Bank Capital Proposals Don’t Go Far Enough To Improve Financial Stability While the 2023 bank capital proposals make important improvements to the regulatory framework, new CAP empirical analysis shows that additions to bank equity are modest and must be larger to substantially enhance the stability of the largest banks. Jan 16, 2024 Marc Jarsulic, Lilith Fellowes-Granda
CAP Comments on Regulators’ Proposals To Increase Bank Capital Requirements ArticleDecember 14, 2023 CAP Comments on Regulators’ Proposals To Increase Bank Capital Requirements The Center for American Progress submitted a comment letter to the Office of the Comptroller of the Currency, Federal Reserve, and Federal Deposit Insurance Corporation on their proposals to raise capital requirements for the largest banks—those with assets of $100 billion or more. Dec 14, 2023 Marc Jarsulic, Lilith Fellowes-Granda
CAP Submits Comments to the Office of Information and Regulatory Affairs on the Federal Insurance Office’s Climate Risk Data Collection ArticleDecember 14, 2023 CAP Submits Comments to the Office of Information and Regulatory Affairs on the Federal Insurance Office’s Climate Risk Data Collection The Center for American Progress submitted a comment letter to the Office of Information and Regulatory Affairs on the Federal Insurance Office’s climate-related financial risk data collection. Dec 14, 2023 Lilith Fellowes-Granda
CFPB Complaints State Fact Sheets: The CFPB Helps Consumers Nationwide ArticleOctober 3, 2023 CFPB Complaints State Fact Sheets: The CFPB Helps Consumers Nationwide The CFPB has stood up for everyday consumers and fought against unfair treatment across the United States, addressing consumer complaints nationwide. Oct 3, 2023 Crystal Weise, Lilith Fellowes-Granda, David Correa
CFPB v. CFSA: How the Supreme Court Could Harm Consumers and Financial Markets ReportSeptember 28, 2023 CFPB v. CFSA: How the Supreme Court Could Harm Consumers and Financial Markets The U.S. Supreme Court is considering a case challenging the autonomy of the single most important agency for the protection of consumers in the financial markets—and its decision could spread uncertainty and harm far beyond the agency. Sep 28, 2023 Lilith Fellowes-Granda, Devon Ombres, Alexandra Thornton, 1 More Crystal Weise
CAP Comments on the FSOC’s Proposed Analytic Framework and Nonbank Designation Guidance ArticleJuly 27, 2023 CAP Comments on the FSOC’s Proposed Analytic Framework and Nonbank Designation Guidance The Center for American Progress submitted comment letters to the Financial Stability Oversight Council on their proposed analytic risk framework and guidance on nonbank financial company designations. Jul 27, 2023 Lilith Fellowes-Granda
Insurers’ Failure on Climate Disasters Imperils Financial System In the NewsJuly 11, 2023 Insurers’ Failure on Climate Disasters Imperils Financial System Lilith Fellowes-Granda argues that the current state-by-state regulation of insurers falls short of addressing climate-impacted risks and why the federal government needs to step in. Jul 11, 2023 Bloomberg Lilith Fellowes-Granda
Comments on the National Credit Union Administration’s Request for Information Regarding Climate-Related Financial Risk ArticleJune 27, 2023 Comments on the National Credit Union Administration’s Request for Information Regarding Climate-Related Financial Risk The Center for American Progress submitted a comment to the National Credit Union Administration on the effects of climate-related financial risks and the steps to manage and mitigate exposure to those risks. Jun 27, 2023 Crystal Weise, David Correa, Lilith Fellowes-Granda