Thomas Hoenig, president of the Kansas City Federal Reserve bank

“The Volcker Rule is an example of a complex regulation that is not working well,” Quarles said on March 5 at the Institute of International Bankers ... It prohibits all FDIC-insured banks and their affiliates from investing in hedge funds,” Thomas Hoenig, vice chairman of the FDIC stated in an article in ...

Experience and data are clear: The focus of regulatory reform should be on a bank's business model, not its asset size. Analysis of the U.S. banking industry's financial footprint illustrates that fundamentally there are two distinct groups of banks operating in the United States: commercial banks and universal ...

... hazard risk that can result in riskier behavior on the part of banks. “Deposit insurance, like any insurance system, inherently invites its own abuse,” FDIC Vice Chairman Thomas Hoenig said in a speech Wednesday in Quebec City at an annual meeting of the International Association of Deposit Insurers.

WASHINGTON — The federal banking agencies proposed simplifying aspects of the risk-based capital rules, particularly for community banks, but some industry representatives and regulators themselves were skeptical the proposal went far enough. The simplifications were put forward as part of the ...

Thomas Hoenig argued that if banks want to increase lending, they could do so by retaining earnings rather than paying dividends to shareholders. ... for the safety of banks has a message to senators: Don't listen to bankers telling you that they need lower capital requirements to increase lending. Despite ...

Thomas Hoenig has seen a pattern repeat in his 43-year career overseeing banks: A financial crisis hits and then fades out of memory after about 10 years. The bankers responsible eventually leave the firm, and new MBAs come in. In time, no one is left who remembers what went wrong. Not so for Hoenig, ...