The Weiser Diplomacy Center is partnering with the American Academy of Diplomacy to bring seasoned U.S. diplomats to Ford School and discuss the U.S., Iran and Security in Persian Gulf.
The University of Michigan FinTech Collaboratory, of which the Center on Finance, Law & Policy is part, is collaborating with MCubed to announce new funding opportunities for University of Michigan faculty who are undertaking research, course development, or other educational programming focused on financial technology.
Josh Rosenthal Education Fund Lecture,
Policy Talks @ the Ford School
Interested in a career in Finance or Technology? Learn More From Professor Adrienne Harris!Adrienne A. Harris is a Professor of the Practice at the University of Michigan, as well as a Gates Foundation Senior Research Fellow with the Center for Finance, Law and Policy at the University. Adrienne also advises fintech companies, incumbent financial institutions, and large venture capital firms. Most recently, Adrienne was the Chief Business Officer and General Counsel a San Francisco-based, insur-tech start-up for which she is now an Advisor. Adrienne was a Special Assistant to President Obama for Economic Policy at the National Economic Council in the Obama White House. She spearheaded the development of the Administration’s fintech strategy, chairing both the Interagency Fintech Working Group and the Administration’s Distributed Ledger Technology Task Force. She came to the White House from the U.S. Department of Treasury where she served as Senior Advisor to the Deputy Secretary. Prior to coming to Washington, D.C., Adrienne was an Associate at Sullivan & Cromwell LLP in New York, where her practice included representing financial institutions in complex regulatory proceedings and M&A transactions. Adrienne earned her M.B.A. from New York University Stern School of Business with specializations in Economics and Management, her J.D. from Columbia University Law School, and her B.A. from Georgetown University.
Traditionally, central banks have served three policy functions – monetary policy, payments systems oversight, and financial institution supervision. This conference will convene international experts and practitioners to examine how these core functions contribute to financial inclusion, poverty alleviation, and a more inclusive economy – and what could be improved.The conference contributes to a research initiative undertaken by the University of Michigan’s Center on Finance, Law & Policy, in partnership with the Bill & Melinda Gates Foundation to consider how the role of a central bank could evolve in the future and enable central banks to make greater contributions toward financial inclusion. Ultimately, the research intends to identify technologies, processes, or tools that could benefit a central bank in supporting public policy objectives related to inclusion, and consider whether other sectors, including philanthropy, might have a role to play in supporting the development of those tools. Registration to the event is free. Speakers and attendees will include individuals from standards-setting bodies, central banks and other financial regulators, and policymakers, as well as futurists and technologists, and other financial ecosystem stakeholders.For more information visit http://financelawpolicy.umich.edu.
Conversations Across Differences,
Policy Talks @ the Ford School,
Vandenberg Lecture,
Weiser Diplomacy Center Series
Former U.S. Ambassador to the United Nations Samantha Power will reflect on her career and on her new memoir, Education of an Idealist (Harper Collins, September 2019): the third annual Vandenberg Lecture.
Conversations Across Differences,
Weiser Diplomacy Center Series
Former NSA Stephen Hadley, former assistant secretary of state Daniel Fried, and CEO of the U.S. Global Leadership Coalition Liz Schrayer will explore evolving Transatantic relationships in an event launching the Weiser Diplomacy Center.
Sixty years ago, Congress established a federal pre-approval regime for bank mergers to protect consumers from then-unprecedented consolidation in the banking sector. This process worked well for several decades, but it has since atrophied, producing numerous “too big to fail” banks.
Professor Kress's research contends that regulators’ current approach to evaluating bank merger proposals is poorly suited for modern financial markets. Policymakers and scholars have traditionally focused on a single issue: whether a bank merger would reduce competition. Over the past two decades, however, changes in bank regulation and market structure—including the repeal of interstate banking restrictions and the emergence of nonbank financial service providers—have rendered bank antitrust analysis largely obsolete. As a result, regulators have rubber stamped recent bank mergers, despite evidence that such deals could harm consumers and destabilize financial markets.
Professor Kress's research asserts that contemporary bank merger analysis should instead emphasize statutory factors that regulators have long neglected: whether a proposed merger would increase systemic risks, enhance the public welfare, and strengthen the relevant institutions. Professor Kress's research urges regulators to modernize their approach, and it proposes a novel framework to ensure that bank merger oversight safeguards the financial system. The proposals contained herein have far-reaching implications not only for bank regulation but also for the ongoing debate over merger policy in technology, agriculture, and other industries.
Conversations Across Differences,
Policy Talks @ the Ford School,
Weiser Diplomacy Center Series
Special Representative for North Korea Stephen Biegun (LSA '86) discusses U.S. policy and strategy for achieving the denuclearization of North Korea and the transformation of U.S.-North Korean relations.
*Stream* Gene Sperling provides unique perspective and insights on the intersection between the U.S. and global economy and the most pressing economic policy issues of the day.
Walter and Leonore Annenberg Auditorium, Gerald R. Ford School of Public Policy
Rich Cordray, founding director of the Consumer Financial Protection Bureau and Rohit Chopra, Commissioner on the Federal Trade Commission will keynote.
Conversations Across Differences,
Policy Talks @ the Ford School
Please join experts Washtenaw County Sheriff Jerry Clayton; Professor of Law Barry Friedman, New York University; and Jessica Gillooly, PhD Candidate of the Ford School, in a panel moderated by Ford School Faculty David Thacher for a panel examining racial bias in emergency calls.
Conversations Across Differences,
Gilbert S. Omenn and Martha A. Darling Health Policy Fund,
Policy Talks @ the Ford School
The massive dollar amounts associated with student loan debt and the impact on individuals and the financial stability of the overall economy has attracted the attention of journalists, economists, and average Americans. There are, however, several myths associated with these eye-popping numbers, and Susan Dynarski, Professor of public policy, education and economics will discuss a few of these myths in our January Blue Bag Lunch Talk.
For example, in a recent paper for Brookings, "The Trouble with Student Loans? Low Earnings, Not High Debt," Professor Dynarski debunks the popular notion that more student debt leads to higher student loan default rates.
In fact, research shows that default rates are highest among individuals with smaller loan balances. Students borrowing under $5,000 default at a rate of 34 percent, compared to 18 percent for those borrowing more than $100,000.
Among policy proposals advocated by Professor Dynarski to address the student loan crisis is to automatically enroll borrowers who are late on payments in income-based repayment, or adjust loan payments each pay period, similar to the current income-tax withholding system.
U. S. Department of the Treasury, Cash Room
Washington, DC
The U.S. Office of Financial Research and the University of Michigan’s Center on Finance, Law, and Policy will bring together regulators, policymakers, lawyers, economists, financial institutions, investors, financial technology companies, and experts on data science, cybersecurity, and finance.
WeListen hosts a conference for student leaders to work across political divides. Keynote discussion by William Kristol and Neera Tanden, hosted by Ford School dean Michael S. Barr.
Ross School of Business & Ford School of Public Policy
Friends, colleagues, students, and collaborators of John Enrico DiNardo are invited to attend a special conference at the University of Michigan that will celebrate his life and career.
The documentary was made by WGVU Productions and features interviews with a number of leaders including Jimmy Carter, Henry Kissinger, George H.W. Bush, Ted Kennedy, Colin Powell, and Dick Cheney.
Join us for a lively dessert reception (complete with a chocolate fountain!) as we celebrate the legacy of a woman whose advocacy, courage, and humor has helped so many others.