What reforms does the US financial system need?
Event Summary
The last round of significant financial reforms in the United States was a decade ago with the adoption of the Dodd-Frank Act following the financial crisis of 2007–09. Since then, the effect of these reforms has unfolded, the regulatory and supervisory framework has been relaxed in recent years, and now the COVID-19 pandemic has shocked the economy in recent months. With the US presidential election looming, this session will be devoted to discussing the lessons learned and options for a US financial reform agenda.
Joining this episode of Financial Statements were:
Host:
Nicolas Véron, Senior Fellow, Peterson Institute for International Economics (PIIE)
Guests:
• Atif Mian, Professor of Economics, Public Policy and Finance, Princeton University
• Patrick Honohan, Nonresident Senior Fellow, PIIE
Video
Event Materials
Document
Presentation: Atif Mian (656.33 KB)Document
Presentation: Patrick Honohan (392.91 KB)
Series
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.