Dec 15, 2020
Congress passed the Community Reinvestment Act (CRA) in 1977 to encourage depository institutions to meet the credit needs of lower income neighborhoods. The last major changes to the regulations implementing CRA came in 1995, which has led to no shortage of calls to modernize CRA for our digital era. In this episode,...
Dec 7, 2020
Jesse Hamilton McCoy II is the James Scott Farrin Lecturing Fellow at Duke Law and supervising attorney for the Duke Law Civil Justice Clinic. Jesse also runs the Durham County eviction diversion program in partnership with Legal Aid of North Carolina and the Durham County Department of Social Services. In this episode,...
Nov 19, 2020
Art Wilmarth is Professor Emeritus at The George Washington University Law School and author of Taming the Megabanks: Why We Need a New Glass-Steagall Act. The book traces the evolution of the US banking sector from the late 19th century to today, and demonstrates that universal banks were at the center of the...
Oct 20, 2020
Bob Litterman is chairman of the Risk Committee and a founding partner at Kepos Capital. Bob was also the chairman of the CFTC’s Climate-Related Market Risk Subcommittee which last month released a comprehensive report that identifies climate change as a systemic risk to the U.S. financial system and presents 53...
Oct 8, 2020
Dick Kovacevich was CEO of Wells Fargo from 1998 until 2007, during which time he built the company into a banking powerhouse. Dick’s relentless focus on selling Wells Fargo’s customers as many products as possible is what made Wells such a widely admired company, but it also sowed the seeds of Wells Fargo's