from Renewing America

Derivatives Clearinghouses: Opportunities and Challenges

May 25, 2011

Testimony
Testimony by CFR fellows and experts before Congress.

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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.

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Economic Crises

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Public Health Threats and Pandemics

In the absence of U.S. leadership, multilateral responses to COVID-19 have been inadequate to date.

Public Health Threats and Pandemics

For more than a century, countries have wrestled with how to improve international cooperation in the face of major outbreaks of infectious diseases. A pandemic of a new coronavirus that originated in China in 2019 underscores the urgency.

 

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