Hoenig Continues Campaign for Glass-Steagall
October 7, 2012 • 11:05AM

In a speech to a seminar of the Bank Holding Company Association on Oct. 5, former Kansas City Federal Reserve governor, and current member of the FDIC Board of Directors Thomas Hoenig gave a major presentation entitled "The case for reinstating Glass-Steagall." The speech is not yet available.

Coverage in the Minneapolis Star Tribune highlighted Hoenig's attack on the pending imposition of Basel III capital requirements on the nation's community banks. Reporter Jennifer Bjorhus says that "the maverick bank regulator repeated his calls to separate investment banking from commercial banking and to reject the tough new bank capital rules that U.S. regulators have proposed."