Why the Fed shouldn’t regulate banks, addressing barriers to financial aid, and children’s privacy and safety on digital platforms.
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The Brookings Brief

May 5, 2023

A Senate Commerce, Science, and Transportation Committee hearing to examine protecting kids online
How Congress can protect kids online
 

Over the past few years, policymakers have moved to protect children from the harmful effects of social media and other online platforms. Mark MacCarthy outlines how the United States has generally addressed children’s privacy and stresses the need for a strong federal regulator to enforce any new requirements. 

 

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Reynolds High School graduation ceremony at the Veterans Memorial Coliseum in Portland
Improving college access
 

Continuing to improve college access, particularly for low-income students, begins with understanding the barriers students face in filling out the Free Application for Federal Student Aid (FAFSA) and acquiring financial aid. Elizabeth Gellman and Katharine Meyer identify these barriers and make recommendations to overcome them.

 

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A shot of the Federal Reserve building in Washington, D.C.
The Fed shouldn’t be regulating banks
 

In a report examining the failure of Silicon Valley Bank, the Federal Reserve admitted that regulation of individual banks is not its top priority. Instead of expecting the Fed to have great success in regulation, Congress should move bank supervision to agencies whose top priority is regulation, argues Aaron Klein.

 

Read in The Washington Post

 
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