American Banker Podcast

Warren Kornfeld, senior vice president at Moody’s Investors Service, explains why banks’ fear of Amazon, Google, Apple, Facebook and other tech giants is legitimate.

Ron Quaranta and Steve Ehrlich with the Wall Street Blockchain Alliance give their take on NYU professor Nouriel Roubini's declaration that "blockchain is the most over-hyped — and least useful — technology in human history" and they share what’s working and what’s not with financial services blockchain projects.

Gartner recently predicted that 80% of banks will become irrelevant by 2030. Peter Redshaw, team manager for the global financial services team at Gartner, explains some strategies the analyst firm thinks banks need to execute to survive.  

With the midterms finally over, we discuss how it will impact regulatory and legislative policy for financial institutions going forward —as well as how it will affect the 2020 race.

Money has been flowing into passive investments such as ETFs in historic amounts. What happens when a bear market inevitably occurs? John Taft, former CEO of RBC Wealth Management and current vice chairman of Baird, sees this as one of several less-obvious risks to the financial system. 

Consumer Financial Protection Agency Acting Director Mick Mulvaney is winding down some of the efforts his predecessor worked hardest on: enforcement of payday and fair lending rules and the Military Lending Act. Reporter Kate Berry shares the latest. 

Rep. Jeb Hensarling, R-Texas, has spent the past six years as chairman of the House Financial Services Committee trying to undo the Dodd-Frank Act. In this episode, he discusses his hard-nosed legislative approach and his more recent willingness to reach across the aisle on regulatory relief and reforming the government-sponsored enterprises Fannie Mae and Freddie Mac.

The Linux Foundation’s Hyperledger and the Enterprise Ethereum Alliance have joined each other’s organizations. Brian Behlendorf, the executive director of Hyperledger, explains what this means for bankers.

At the same time as Brett Kavanaugh's explosive confirmation process, the House Financial Services Committee is examining sexual harassment charges against FHFA director Watt and allegations of gender pay disparity at the agency. American Banker reporter Hannah Lang has been following the case closely and offers her take.

American Banker's Kate Berry discusses recent events at the Consumer Financial Protection Bureau, including acting Director Mick Mulvaney's efforts to strip the bureau of its ability to enforce fair-lending rules and his replacement of its consumer advisory board.