Can supervisory reform prevent repeat bank failures in the US?


August 9, 2023, 9:00 AM to 10:00 AM EDT
Virtual Event
Nicolas Véron (PIIE), Mayra Rodriguez Valladares (MRV Associates) and Steven Kelly (Yale Program on Financial Stability)

Event Summary

Many questions about the supervisory failings revealed by this year’s US bank collapses remain unanswered, even after the publication of landmark reports by the Federal Reserve and Federal Deposit Insurance Corporation and several Congressional hearings. Do the observed supervisory shortcomings justify a concern that more bank failures are to come? And what should be done to remedy them?

Joining this episode of Financial Statements were:


Nicolas Véron
Senior Fellow, Peterson Institute for International Economics (PIIE)


Mayra Rodriguez Valladares
Managing Principal, MRV Associates

Steven Kelly
Associate Director of Research, Yale Program on Financial Stability



About This Series

Financial Statements is a biweekly virtual event series hosted by Nicolas Véron that explores changes in the world of finance, encompassing themes of financial services regulation, corporate finance and governance, systemic fragility and crises, and structural changes driving business and policy trends in the financial sector.