Skip to Main Content

Economic Quarterly

Spring 1994

Choices in Banking Policy

J. Alfred Broaddus, Jr.

The central purpose of bank regulation is to protect the actuarial soundness of the federal safety net – deposit insurance, discount window lending, and the Fed’s oversight of the payments system. Some regulatory changes could improve current banking policy by reducing regulatory burden while maintaining the soundness of the existing safety net. Beyond these changes, however, society faces a trade-off: further easing of the costs of bank regulation would require limiting the scope of the federal safety net.

Contact Us

Lisa Kenney
(804) 697-8179

Publications image
Get Our Free Publications

To receive a notification by email when Economic Quarterly is posted online or to order single copies of past issues, click on the links below (published online only since 2012).