2004 Regulation Risk Management Taxes 
Jeff For Banks
JUNE 2, 2023
Second, this can be accomplished only if the industry does not have too much influence over its regulators and if the regulators have the ability to hire, train, and retain qualified staff. Third, the regulators need adequate financial resources. My lesson learned to the regulators, read your past lessons learned.
Jeff For Banks
AUGUST 12, 2018
After easing and keeping rates low for three years, the Fed began tightening from June, 2004 to June, 2006. This is because the economy has been gaining momentum, however modest, from the tax cuts and deregulation. Dorothy has been with Penn Community Bank and its predecessor since November, 2004. The economy has grown 2.2%
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Jeff For Banks
NOVEMBER 1, 2017
Tax cut and tax reform proposals have been floated. I believe that tax cuts will spur economic growth, but only if they do not increase government borrowing and the federal deficit. We have seen the elimination of several regulations; the lifting of burdensome regulations will help everyone.
Jeff For Banks
JULY 9, 2012
On June 28th, the Supreme Court upheld the Affordable Care Act as constitutional, calling penalties on individuals for failing to purchase health insurance a “tax.” This decision sets in motion a series of steps to implement the law over the next few years along with the estimated $813 billion in taxes and levies over the next ten years.
Jeff For Banks
AUGUST 12, 2010
Government and regulators are contributing to the pessimism with financial reform legislation that does not even address some of the causes of the crisis, new FASB proposals to impose harmful mark-to-market accounting on bank loans, and the looming expiration of the Bush tax cuts in 2011. Bummers all.
Jeff For Banks
JULY 8, 2017
I believe that we are in this era of weak growth, now eight years old, for the long haul unless changes are made to regulation and we stop adding debt at break-neck speed. Dorothy has been with Penn Community Bank and its predecessor since November, 2004. Many of my economic views contain the word “weak.” I do not take this lightly.
Jeff For Banks
OCTOBER 19, 2012
I know I risk sounding like Charles Plosser, but so be it. It seems to me that reducing burdensome regulations and not implementing harsher capital requirements would be more effective alternatives to incentivize lending than pushing all yields toward zero while buying up all of our bonds. So stay tuned!
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