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As the commercial real estate industry continues to come under pressure, and as

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As the commercial real estate industry continues to come under pressure, and as recessionary fears linger, concerns have arisen concerning risks associated with non-bank lending. Please follow the link below for comments made by Fed Chair Jerome Powell during a recent House Financial Services Committee hearing. What do you think? Do non-bank lenders pose unique systemic risk? Are there benefits to regulating them differently from banks? Would regulations requiring greater transparency be enough to draw attention to risky non-bank lenders? How might tighter regulations impact the interest rates charged by non-banks and in turn, how might that affect overall economic activity? Please feel free to mention any positive or negative experiences you may have personally had with non-bank lenders.
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