Too big to manage?

Tuesday, January 17, 2023, 2:00 - 3:30 p.m. EST
The Brookings Institution, Falk Auditorium, 1775 Massachusetts Ave. NW

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When financial institutions become “too big to fail,” insolvent or illiquid organizations are allowed to continue operations at the expense of individuals. Much law, policy, scholarship, and regulation has addressed this issue, but what if the institutional problems are a function of organization and management, not capital and illiquidity? What is the role of financial regulators in overseeing the management and operations of the organizations they regulate? How can our financial system remain resilient while allowing private financial institutions latitude to make managerial and organizational decisions that carry risk, reward, and are necessary to sustain the flow of financial opportunity our society requires? 

On Tuesday, January 17, the Center on Regulation and Markets will host an event to explore these issues.. The event will feature remarks from Acting Comptroller of the Currency Michael Hsu on regulating management of large financial institutions. Following the keynote, a panel of experts featuring Doug Elliot, partner at Oliver Wyman; Susan Ochs, senior fellow at the New America Foundation and founder of the Better Banking Program at the Aspen Institute; and Ron Feldman, vice president and chief operating officer of the Federal Reserve Bank of Minneapolis will engage more deeply in these topics. 

Viewers can follow along with the conversation on Twitter using the hashtag #TooBigToManage and submit questions using that hashtag or via email to events@brookings.edu.