Stripping away government regulation of banking would help both consumers and businesses. Consumers would be able to obtain a mix of financial services tailored to their individual needs for less cost and with greater security than is currently the case. Businesses could more easily acquire loans, insurance, and capital, all necessary for operating in a more competitive and integrated world economy.

But those benefits will only be realized if government steps aside and allows banks and customers to manage their own affairs. Financial institutions in other countries often are freer than those in America, putting many foreign firms at a competitive advantage over American ones. It is time to establish a level playing field by removing counterproductive regulation of American banks.

More on Financial Regulation


Anti-Money Laundering Surveillance Hurts Banking Services

By Richard W. Rahn. Washington Times. March 24, 2014.

Where’s the Crime in Insider Trading?

By Doug Bandow. Orange County Register. February 28, 2014.

New ‘Bank Tax’ Proposal Is More Destructive Populism

By Louise Bennetts. American Banker. February 27, 2014.

Cato Studies

The New Autarky? How U.S. and UK Domestic and Foreign Banking Proposals Threaten Global Growth

By Louise Bennetts and Arthur S. Long. Policy Analysis No. 743. November 21, 2013.

High Frequency Trading: Do Regulators Need to Control this Tool of Informationally Efficient Markets?

By Holly A. Bell. Policy Analysis No. 731. July 22, 2013.

Liberalization or Litigation? Time to Rethink the International Investment Regime

By Simon Lester. Policy Analysis No. 730. July 8, 2013.


Would Consolidating Regulators Avoid the Next Crisis?

Mark A. Calabria. Lombard Street. Vol. 1. No. 16. November 15, 2009.

Public Filings

WFC Holdings Corp. v. United States

By Matthew S. Hellman, Matthew S. McKenzie, R. Trent McCotter & Ilya Shapiro. Legal Briefs. March 31, 2014.

Regulatory Fragmentation, the Balkanization of Financial Markets and the Competitiveness of the American Financial Services Sector

By Louise Bennetts. Testimony. March 4, 2014.

A Legislative Proposal to Protect American Taxpayers and Homeowners by Creating a Sustainable Housing Finance System

By Mark A. Calabria. Testimony. July 18, 2013.

Cato Reviews & Journals

The Explicit Costs of Government Deposit Insurance

Thomas L. Hogan and William J. Luther. Cato Journal. Winter 2014.

Contingent Liability, Capital Requirements, and Financial Reform

Joshua R. Hendrickson. Cato Journal. Winter 2014.

Who Is Satoshi Nakamoto?

Pierre Lemieux. Regulation. Fall 2013.


Growing Pains: Dodd-Frank’s Third Anniversary: Has It All Been Worth It?

Featuring Mark A. Calabria and Louise Bennetts. July 22, 2013. Conference.

Super-Legislatures: Evaluating Dodd-Frank’s CFPB and OLA Provisions and Obamacare’s IPAB

Featuring Michael F. Cannon, Louise Bennetts and Trevor Burrus. April 1, 2013. Policy Forum.

Would a Financial Transaction Tax Affect Financial Market Activity?

Featuring Mark A. Calabria. March 13, 2013. Policy Forum.


Financial Regulation: Market or Government?

By Mark A. Calabria. February 13, 2013.