Save the date: Minneapolis Fed Announces Date of First “Ending Too Big to Fail” Policy Symposium
Minneapolis, February 23, 2016— Today the Federal Reserve Bank of Minneapolis announced the date of the first policy symposium as part of its efforts to end “too big to fail.” It will be held April 4, 2016, at the Federal Reserve Bank of Minneapolis.
The symposium is the first in a series. More details regarding the event, including schedule, program and additional speakers, are to be announced. The symposium will be open to the media and live-streamed for the public.
Featured presenters include:
- Anat R. Admati, the George G.C. Parker Professor of Finance and Economics at the Graduate School of Business, Stanford University
- Simon Johnson, the Ronald A. Kurtz (1954) Professor of Entrepreneurship at the MIT Sloan School of Management and former Chief Economist at the International Monetary Fund
Admati has written extensively on information dissemination in financial markets, trading mechanisms, portfolio management, financial contracting, and corporate governance and banking. Since 2010, she has been active in the debate over financial regulation, particularly capital regulation, and has written research and policy papers and commentary on the subject. She is a co-author of The Bankers’ New Clothes: What’s Wrong with Banking and What to Do about It.
Johnson was named a Main Street Hero by the Independent Community Bankers of America for “his articulate and outspoken support for public policies to end too-big-to-fail” in 2013 and has co-authored a book with James Kwak titled 13 Bankers: The Wall Street Takeover and the Next Financial Meltdown (2010).
The Minneapolis Fed’s #EndingTBTF initiative will explore various proposals from expert researchers and incorporate input from a wide range of thought leaders, culminating in an actionable plan to end TBTF, which will be released by the end of the year.
The Federal Reserve Bank of Minneapolis is one of 12 regional Reserve Banks that, with the Board of Governors in Washington, D.C., make up the Federal Reserve System, the nation’s central bank. The Federal Reserve Bank of Minneapolis is responsible for the Ninth Federal Reserve District, which includes Montana, North and South Dakota, Minnesota, northwestern Wisconsin and the Upper Peninsula of Michigan. The Federal Reserve Bank of Minneapolis participates in setting national monetary policy, supervises numerous banking organizations, and provides a variety of payments services to financial institutions and the U.S. government.