Sheila Bair
@sheilabair.bsky.social
Former FDIC chair and other great jobs. I opine on financial issues, with an occasional dog post. Also a NYT best selling author. Don’t miss my next book, How Not to Lose a Million Dollars.
Glad to see some constructive responses from banks to Mr Trump’s proposed 10% credit card cap. But giving credit cards even at 10% to financial distressed families who cannot manage/afford credit will just add to their cash flow burdens with interest on carried balances and late fees.
January 28, 2026 at 2:25 PM
Glad to see some constructive responses from banks to Mr Trump’s proposed 10% credit card cap. But giving credit cards even at 10% to financial distressed families who cannot manage/afford credit will just add to their cash flow burdens with interest on carried balances and late fees.
Our dog Thatcher. At least someone is enjoying the frigid weather.
January 27, 2026 at 7:58 PM
Our dog Thatcher. At least someone is enjoying the frigid weather.
Rieder rises. Anyone besides me worried about the manager of a $3 trillion dollar bond portfolio becoming the next Fed chair?
January 27, 2026 at 2:48 PM
Rieder rises. Anyone besides me worried about the manager of a $3 trillion dollar bond portfolio becoming the next Fed chair?
Reposted by Sheila Bair
Please welcome the great @sheilabair.bsky.social - who played such a key role in saying the world in the financial crisis as former chair of FDIC - to Bluesky. Here she writes why US banks need to cut credit card rates www.ft.com/content/0d01...
January 24, 2026 at 7:14 PM
Please welcome the great @sheilabair.bsky.social - who played such a key role in saying the world in the financial crisis as former chair of FDIC - to Bluesky. Here she writes why US banks need to cut credit card rates www.ft.com/content/0d01...
My first post for BlueSky @tonytassell.bsky.social. Sharing my latest for FT. Credit card rate spreads over FFR are double than before the crisis. Another example of how monetary policy does not trickle down and evidence that banks have a lot of room to cut.
giftarticle.ft.com/giftarticle/...
giftarticle.ft.com/giftarticle/...
US banks need to cut their credit card rates
There are better alternatives to the Trump-Warren plan to cap interest costs for one year
giftarticle.ft.com
January 24, 2026 at 4:57 PM
My first post for BlueSky @tonytassell.bsky.social. Sharing my latest for FT. Credit card rate spreads over FFR are double than before the crisis. Another example of how monetary policy does not trickle down and evidence that banks have a lot of room to cut.
giftarticle.ft.com/giftarticle/...
giftarticle.ft.com/giftarticle/...