Supervisory enforcement actions since FIRREA and FDICIA

Jackie Brunmeier and Niel D. Willardson

The Region, 2006, vol. 20, issue Sep, 22-27, 38-43

Abstract: In response to banking crises in the 1980s, Congress passed two laws that expanded enforcement powers of financial institution supervisors, including the Federal Reserve. At the time, some observers warned that these new powers would be misused. A careful analysis of enforcement actions taken over the past 15 years indicates that these concerns were unwarranted.

Keywords: Financial Institutions Reform, Recovery, Enforcement Act of 1989; Federal Deposit Insurance Corporation Improvement Act of 1991 (search for similar items in EconPapers)
Date: 2006
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