December 11
Press Releases
BPI Twitter
FSOC will review CECL when it meets on Wednesday. BPI sent a letter to FSOC emphasizing that CECL would deepen future recessions and disproportionately affect home mortgages, student lending, small businesses and households with less-than-perfect credit. https://t.co/yoNwbCa91V
ICYMI on BPInsights—BPI Chief Economist Bill Nelson testified at a House hearing on CECL, Barclays hosted a half-day seminar on CECL with several participants expressing concern about the procyclicality, and more. Click here to read this week's edition: https://t.co/RKMUY0tQYF
BPI chief economist, Bill Nelson, testified on CECL earlier this week and described the procyclical impact it would have on business cycles. If CECL was in place in 2009, lending would have fallen an additional 9 percentage points. Read the study here: https://t.co/Rd8J0shr2j
BPInsights Newsletter
December 14
December 14, 2018
December 7
December 7, 2018
November 30
November 30, 2018
November 16
November 16, 2018
November 9
November 9, 2018
November 2
November 2, 2018
October 12
October 12, 2018
October 5
October 5, 2018
September 28
September 28, 2018
September 21
September 21, 2018
September 13
September 13, 2018
September 7
