from Renewing America

Derivatives Clearinghouses: Opportunities and Challenges

May 25, 2011

Testimony
Testimony by CFR fellows and experts before Congress.

More on:

Economic Crises

Benn Steil testifies before the Senate on the importance of regulatory reforms to make U.S. markets more resilient to the failures of individual financial institutions. He argues that well capitalized and regulated central derivatives clearinghouses have historically provided the best example of successful “safe-fail” risk management in the derivatives industry.

More on:

Economic Crises

Top Stories on CFR

United Kingdom

Brexit supporters argue that the EU threatens sovereignty and stifles growth, while opponents counter that EU membership strengthens trade, investment, and the UK’s standing in the world.

United States

The president's push to "build the wall" fails to grasp the role of modern technology in policing U.S. borders.

Afghanistan War

The United States should avoid a rapid, unconditional exit from Afghanistan but also minimize the costs of staying.