Outlook 2019: Can Regulators Finish What They Started?
By John Heltman
Bank regulators have a lot of work lined up for them in 2019, having unveiled several pivotal regulatory proposals on matters ranging from stress testing to capital changes to a retooling of how they implement the Community Reinvestment Act. How far they are able to go down the road to finalizing those proposals, however, depends in large part on whether circumstances cooperate — and some observers see trouble ahead. “Markets change regulatory agendas faster than anything,” said Karen Shaw Petrou, managing partner of Federal Financial Analytics. “If the agencies are surprised — and I rather suspect that they will be — we’ll see a very different 2019 than the steady-as-you-go agendas the agencies are putting out.”