Greg Feldberg posted a thoughtful piece on the Office of Financial Research (OFR) – “Don’t dismantle the post-crisis early warning system.” The OFR is a National treasure…and should be treated as such.
Greg covers much ground and is well informed as a former Senior Associate Director for Research at the OFR, Director of Research at the Financial Crisis Inquiry Commission (FCIC), and current Yale research scholar.
The perspective is well articulated. I have a few remaining questions for Greg – such as his perspective on the relationship between FSOC and the OFR as well as the prior study on investment management. Investment managers differ dramatically from banks.
I highly recommend the read – https://www.brookings.edu/research/dont-dismantle-the-post-crisis-early-warning-system/
Best, Larry