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Simply Stated - A Podcast on All Things State Finance

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Financial Regulation can be complicated. Join us for interviews with state financial regulators, commissioners, policymakers, and CSBS staff to gain further insight on how banks, money transmitters, check cashers, and all forms of financial services are supervised and supported by our regulatory system.

Financial Regulation can be complicated. Join us for interviews with state financial regulators, commissioners, policymakers, and CSBS staff to gain further insight on how banks, money transmitters, check cashers, and all forms of financial services are supervised and supported by our regulatory system.

Location:

United States

Description:

Financial Regulation can be complicated. Join us for interviews with state financial regulators, commissioners, policymakers, and CSBS staff to gain further insight on how banks, money transmitters, check cashers, and all forms of financial services are supervised and supported by our regulatory system.

Twitter:

@CSBSNews

Language:

English

Contact:

2028038091


Episodes

#25 - Supervising Emergency Legislation In A Pandemic

8/4/2020
Guest: Chuck Cross, Senior Vice President of Non-Bank Supervision Host: Matt Longacre Supervision is hard. Examiners, whether it’s for banks or nonbanks, are a unique breed. Not only must they have a mastery of financial services and the institutions that they supervise, and not only do they need a strong knowledge of what’s necessary for compliance, they must also orchestrate an extremely difficult balance between maintaining an examination procedure that is fair, impartial, and consistent...

Duration:00:30:04

#19 - Are Consumers Using Mobile Payments? Are they Safe? Are they Protected?

7/16/2020
Originally Recorded in February 2020. As we enter the quiet summer months, Simply Stated is re-broadcasting the "greatest hits" of the podcast. Look out for more content in August and beyond. Guest: Rachel Siegel - Senior Associate, Consumer Finance, The Pew Charitable Trusts Host: Matt Longacre Timestamps 2:22 - What is a "mobile payment?" 4:10 - Are mobile payments companies utilizing the current infrastructure or building their own? 6:10 - What are consumers saying about mobile payments?...

Duration:00:21:25

#24 - The Future of Consumer Complaints

6/30/2020
For a financial services business and for a regulator, a license provides clarity. The business knows who is supervising their activity, has someone to talk to when they want to be sure they are complying with laws, and provides confidence they are permitted to operate in a state. The state regulator who issues the license is able to see into the operations of financial services that are impacting their communities, making it easier to keep businesses in compliance and benefit their local...

Duration:00:16:59

What are Crypto Payments and Exchanges?

6/15/2020
In this soundbite, CSBS Senior Director and Non-Depository Counsel Matt Lambert walks us through how transactions involving cryptocurrencies are regulated, which activities are licensed at the state level, what "on ramps and off ramps" are, and more.

Duration:00:09:25

What Is An Agent Of The Payee?

6/8/2020
In this mini-podcast, we answer the question "What is an agent of the payee? Are they licensed? How are they regulated?"

Duration:00:06:29

What is a Money Services Business?

6/1/2020
In this mini-episode, we ask what qualifies as a Money Services Business and who regulates them.

Duration:00:04:12

COVID-19 Financial System Update - May 19

5/19/2020
CSBS COVID-19 Resource Page: https://www.csbs.org/mortgage-relief-coronavirus Show notes: www.csbs.org/covid-pod10 The current economic situation is unprecedented. How do you put it into perspective? We compare unemployment and jobless claims to crises past and try to get a handle on just how severe of a downturn we are having. People are reporting struggles with their mortgage servicers and getting forbearance or other mortgage payment relief. CSBS and the Consumer Financial Protection...

Duration:00:07:52

#23 - SFSF 2020 - Supervising in a World of Accelerated Change

5/16/2020
Today, I’d like to focus on a group undergoing a tremendous amount of change, both because of COVID-19 and in spite of it: financial regulators. Next week, state and federal regulators will meet as they do every year, albeit digitally, at the State-Federal Supervisory Forum. The forum provides an opportunity for regulators to connect, learn, and find new ways to collaborate with one another.

Duration:00:31:45

#22 - Protecting Paychecks - An Unprecedented Program from Four Perspectives

5/12/2020
What happens when you put $669 billion of grants and loans into the financial system all at once? An expert talks about how the program is intended to work and changes over time. In a rush against the clock, a small business owner tries to get a loan for herself and for a minority-owned business client. An expert on community banks explains how they fit into the program.

Duration:00:52:46

COVID-19 Financial System Update - April 28

4/28/2020
CSBS COVID-19 Resource Page: www.csbs.org/information-covid-19-coronavirus Show notes: www.csbs.org/covid-pod9 Twenty-six million have applied for unemployment since the start of the COVID-19 Pandemic. We look at state-level data to figure out where the nation has been hardest-hit. Broad consensus now exists among legislators, state regulators and the industry about what needs to happen to help prevent a mortgage financing crisis. Has there been any progress? Is there any reason this can’t...

Duration:00:06:01

COVID-19 Financial System Update - April 17

4/17/2020
CSBS COVID-19 Resource Page: www.csbs.org/information-covid-19-coronavirus Show notes: www.csbs.org/covid-pod8 First it was their regulators, then it was the industry themselves, and now it is members of Congress: there’s increasing agreement that something needs to be done to help mortgage servicers while a record number of unemployed are seeking mortgage forbearance. America is now at 22 million unemployment claims in four weeks. We talk about the new jobless claims and how community banks...

Duration:00:06:59

COVID-19 Financial System Update - April 9

4/9/2020
CSBS COVID-19 Resource Page: https://www.csbs.org/information-covid-19-coronavirus Show notes: https://www.csbs.org/covid-pod7 Another week, another concerning round of economic data. We talk about the new jobless claims, what community bankers are seeing on the ground, and how state regulators are working to help bankers and their customers. There’s plenty of new announcements and initiatives ongoing to help mortgage servicers. But will it be enough to keep the industry afloat? And CSBS has...

Duration:00:07:06

#21 - COVID-19 and Community Bankers: A Data-Driven Dialogue Between Banker and Regulator

4/8/2020
COVID-19 Consumer Resources Page: https://www.csbs.org/covid-19-consumer-resources COVID-19 Info Page: https://www.csbs.org/information-covid-19-coronavirus You don’t need me to tell you what the economic data is saying right now. All over the country, businesses are closed, workers are being furloughed or laid off, and businesses and consumers alike are looking at what they have saved and trying to figure out how much longer they can go in lockdown. I want to focus on the local economic...

Duration:00:16:59

COVID-19 Financial System Update, Consumer Resource Edition - April 3

4/3/2020
Read the show notes in full: www.csbs.org/covid-pod5 CSBS COVID-19 Consumer Resource Page: https://www.csbs.org/covid-19-consumer-resources You already know about the troubling economic numbers coming out. We break down how this looks from state to state. The results of the Community Bank Sentiment Index arrived today, and the numbers are, as expected, way down. We’ll explain how community bankers provide a perspective job numbers cannot and how the sentiment of community bankers declined...

Duration:00:05:28

COVID-19 Financial System Update - March 30

3/30/2020
Full show notes: www.csbs.org/covid-pod4 CSBS COVID-19 Resource Page: www.csbs.org/information-covid-19-coronavirus Calls are growing for the Federal Reserve to provide safeguards for mortgage servicers as the industry is left out of the $2 trillion rescue package. Guidance from state regulators for industries, bankers and consumers continues. Washington State develops guidelines to keep the mortgage and real estate industries operating while enforcing strong health standards. As the $2...

Duration:00:05:48

COVID-19 Financial System Update - March 27

3/27/2020
Shownotes: www.csbs.org/covid-pod3 CSBS COVID-19 Resource Page: https://www.csbs.org/information-covid-19-coronavirus Regulators alert Congress about an overlooked impact of COVID-19 on mortgage loan servicers. As states work to provide guidance to consumers and institutions, California strikes a major agreement with its banks to help their community. Fed Chair Jerome Powell goes on ABC Morning News. And, CSBS provides state-level data into just how much the unemployment rate has changed so...

Duration:00:06:43

COVID-19 Financial System Update, March 25

3/25/2020
Follow all updates on COVID-19 Financial Services here: https://www.csbs.org/information-covid-19-coronavirus Read the shownotes in full here: https://www.csbs.org/covid-pod2 Good afternoon, and welcome to the COVID-19 Financial System Update. During the ongoing pandemic, news is happening at a rapid pace. And we at Simply Stated realize that you might miss something important. So we will be sharing the most recent financial stories, regulations, guidance and more surrounding the pandemic....

Duration:00:07:09

COVID-19 Financial System Update, March 23

3/23/2020
Follow all updates on COVID-19 Financial Services here: https://www.csbs.org/information-covid-19-coronavirus Read the shownotes in full here: https://www.csbs.org/covid-pod1 Good afternoon, and welcome to the COVID-19 Financial System Update. During the ongoing pandemic, news is happening at a rapid pace. And we at Simply Stated realize that you might miss something important. So we will be sharing the most recent financial stories, regulations, guidance and more surrounding the pandemic....

Duration:00:06:46

#20 - What Happened in the Repo Market?

3/19/2020
Hey folks. A lot is going on right now. As companies go remote, businesses shut down, and we all work on social distancing during the COVID-19 Pandemic, we here at Simply Stated have also gone remote. In the coming weeks, we are completely retooling our programming to focus on the Coronavirus pandemic, steps regulators are taking to strengthen and protect the financial system, and advice for bankers and consumers alike during this time. One big thing you are hearing about in the news right...

Duration:00:25:48

#19 - Are Consumers Using Mobile Payments? Are they Safe? Are they Protected?

3/5/2020
Guest: Rachel Siegel - Senior Associate, Consumer Finance, The Pew Charitable Trusts Host: Matt Longacre Timestamps 2:22 - What is a "mobile payment?" 4:10 - Are mobile payments companies utilizing the current infrastructure or building their own? 6:10 - What are consumers saying about mobile payments? 7:36 - Has mobile growth payment slowed? 9:11 - What causes some consumers to decide not to use mobile payments? 10:26 - Do consumers understand the protections they have when using a mobile...

Duration:00:21:25