This is a two-hour lecture and discussion course covering federal regulation of financial services providers. The course examines the role that banks and other financial institutions play in the economy, and how the Federal Reserve, the Comptroller of the Currency, and other financial regulators govern those activities. The course includes a basic introduction to the business of banking -- the balance sheet, the role of insured deposits, and the purpose of capital and liquidity. We then study the regulation and supervision of these institutions, including capital and liquidity rules, activity restrictions, and limits on international activities. Some attention also will be given to antitrust issues affecting these firms. A full day is spent on the 2007-09 Global Financial Crisis -- its causes and effects, and how it shapes present-day regulation. Grades in this course are determined by the final take-home examination.