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

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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