Op-eds, White Papers, Reports, Reviews

The Basel III Endgame and Fed independence,” Brookings, March 13, 2024

This Bank Proposal Will Damage Our Economy and Make Voters Even More Resentful,” New York Times, April 2023

The Federal Reserve Cannot Investigate ItselfThe American Prospect, April 2023

Focus on bank supervision, not just bank regulationBrookings, November 21, 2021 (with Sean Vanatta)

Did the Fed do more harm than good in 2020?American Banker, November 2021

Where is the Fed Vice Chair for Supervision?Brookings, October 26, 2021

What can an investment bank teach us about American power?American Banker, September 6, 2021

Where are the Biden financial regulators?Brookings, August 17, 2021

Rethinking the power of market influencersAmerican Banker, July 29, 2021

Diversity within the Federal Reserve SystemBrookings, April 13, 2021 (with Kaleb Nygaard)

What’s next for the Treasury-Fed COVID-19 lending facilities?Brookings, November 24, 2020

Twitter and the Federal Reserve: How the U.S. central bank is (and is not) surviving social mediaBrookings, October 29, 2020 (with Brian Feinstein)

Using the Federal Reserve’s discount window for debtor-in-possession financing during the COVID-19 bankruptcy crisisBrookings, July 29, 2020 (with David Skeel)

Explaining the new Fed-Treasury emergency fundBrookings, April 3, 2020

Restoring the Promise of Federal Reserve GovernanceMercatus Center, January 3, 2020

The curse of confidential supervisory informationBrookings, December 20, 2019

How do you solve a problem like Fannie and Freddie? Not by creating more of themBrookings, October 7, 2019

What happens if Trump tries to fire Fed chair Jerome Powell?Brookings, September 9, 2019

Can fintech increase lending? How courts are undermining financial inclusionBrookings, April 16, 2019

Can Trump Fire Jerome Powell? It’s a Political QuestionWall Street Journal, December 10, 2018

The Fed wants to veto state banking authorities. But is that legal?Brookings, November 14, 2018

John Williams may be one of the best central bankers—but that doesn’t mean he should run the New York FedBrookings, July 24, 2018

The Fed’s Job Isn’t To Make Trump HappyWall Street Journal, July 22, 2018

Why the next big bank shouldn’t be the USPSBrookings, May 31, 2018

The Quarles Quarrel Hurts the FedWall Street Journal, April 23, 2018

Too Many Empty Chairs at the Federal ReserveWall Street Journal, October 4, 2017

The Economy’s Visible Hands,” Wall Street Journal, March 2, 2017

The Most Powerful Man in Washington You’ve Never Heard OfWall Street Journal, February 15, 2017

Misreading Walter Bagehot: What Lombard Street Really Means for Central Banking” Essay on Walter Bagehot’s Lombard Street, The New Rambler, December 14, 2015

To Fix the Fed, Simplify ItNew York Times, July 29, 2015