AEI May 9: Addressing the Underlying Causes of the Banking Crisis of 2023
View Alex’s address:
AEI, Auditorium
1789 Massachusetts Avenue NW
Washington, DC 20036
In June 2017, then–Federal Reserve Chairwomen Janet Yellen said that because of enhanced Dodd-Frank Act regulations, she did not believe there would be a new financial crisis in her lifetime. Unfortunately, like many Federal Reserve forecasts, this turned out too optimistic as regulators were forced to invoke emergency systemic risk powers to contain contagious bank runs. What went wrong? Was it a failure of monetary policy? Supervision? Regulation? What changes, if any, are needed?
Join AEI as a panel of experts discusses the causes of the recent banking crisis and the federal agencies’ forensic reports and policy prescriptions and shares their own views on what policies, regulations, and supervision practices need to be reformed.
Submit questions to Catriona.Fee@AEI.org.
If you are unable to attend, we welcome you to watch the event live on this page. After the event concludes, a full video will be posted within 24 hours.
Agenda
10:00 a.m.
Introduction:
Paul H. Kupiec, Senior Fellow, AEI
10:15 a.m.
Panel Discussion
Panelists:
Charles Calomiris, Henry Kaufman Professor of Financial Institutions, Columbia University
Andrew Levin, Professor, Dartmouth College
Bill Nelson, Executive Vice President, Bank Policy Institute
Alex J. Pollock, Senior Fellow, Mises Institute
Moderator:
Paul H. Kupiec, Senior Fellow, AEI
12:00 p.m.
Q&A
12:30 p.m.
Adjournment