When: Wednesday, February 8, 2017, 9:00 — 11:00 a.m.
Where: The Brookings Institution, Falk Auditorium, 1775 Massachusetts Ave, NW, Washington, DC
Financial technology (fintech) offers the opportunity to provide financial services more efficiently, effectively, and inclusively to millions of American consumers, businesses, investors and borrowers. However, financial innovation can also produce products that harm consumers, misdirect savers and investors, inefficiently allocate capital, and harm borrowers and businesses. How well the regulatory regime can adapt to promote the benefits of fintech while protecting against abuses will help determine how our economy grows and how businesses and consumers utilize financial services for years to come.
On February 8, the Center on Markets and Regulation at Brookings will host a conversation on these issues with Vice Chairman of the House Financial Services Committee Patrick T. McHenry and Senator Jeff Merkley, followed by a panel of experts and regulators. Participants will take questions from the audience, and the event will be webcast live. You can join the conversation on Twitter at #FinTechReg.