Category Archives: Financial Markets and Institutions

May the Fourth Be Well Insured

You should have pretty good insurance before handing your car keys to Han Solo. While we don’t have insights into the Millennium Falcon’s insurance policy, the federal government has helped the commercial space launch industry since 1988 by sharing the … Continue reading

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Small Businesses and Financial Technology

In today’s world, it’s not unusual for people to go online to conduct all kinds of business that used to be done face-to-face. It is not surprising then that new technologies are being used to provide financial services directly to … Continue reading

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Taking a Big Bite in GAO’s New Podcasts

The concept behind GAO’s original Watchdog Report podcast was to take a long report and distill it to a 5-minute conversation about the bottom line. We think it’s been pretty well received—we have over 400,000 downloads of our episodes and … Continue reading

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How Useful Are Identity Theft Services?

Many people purchase identity theft services—or receive them free when their information is compromised in an organization’s data breach. These services typically include four components: credit monitoring, identity monitoring, identity restoration, and identity theft insurance. For April’s Financial Literacy Month, … Continue reading

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6 years after Dodd-Frank, Oversight of Financial Services Industry Still Needs Streamlining

Today is the 6th anniversary of the signing of the Dodd-Frank Act. The law made a range of financial reforms meant to help prevent future financial crises. For example, it closed gaps in the oversight of consumer protection and markets … Continue reading

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Financial Regulatory Structure (podcast)

Over the past 150 years, the U.S. financial regulatory structure has evolved in response to various financial crises and to keep pace with financial markets themselves as they advanced from tickertape to e-trading and beyond. As you can see, the … Continue reading

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Ending “Too Big to Fail”

8 years ago this month, the Federal Reserve bailed out Bear Stearns, preventing it from collapsing. This triggered an unprecedented amount of federal assistance to help stabilize markets—more than $1 trillion in loans and hundreds of billions of dollars of … Continue reading

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A Seat in the Boardroom

Women’s history month is not only a time to celebrate women’s accomplishments, but also a time to reflect on their progress, particularly in positions of leadership. In honor of International Women’s Day, today’s WatchBlog examines the representation of women on … Continue reading

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Debt Limit 101

Congress has voted to suspend the debt limit through March 15, 2017. But how could future lawmakers address this issue in order to save the federal government money and avoid future disruptions? Today’s WatchBlog examines the debt limit. What is … Continue reading

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5 Years of Dodd-Frank

It’s been 5 years since Congress passed the Dodd-Frank Act reforming the U.S. financial regulatory system. Since then, we’ve been busy examining almost every aspect of this law and its impacts. Today’s WatchBlog shares a few of our regulatory lessons … Continue reading

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