An independent body that could investigate systemic risk in the banking system would break the insular cycle of banking regulators and the firms they regulate.
Saule Omarova
Saule Omarova is the Beth and Marc Goldberg Professor of Law at Cornell University, and a senior fellow at the Roosevelt Institute. In 2021, she was President Biden’s nominee for the U.S. comptroller of the currency.
Posted inEconomic Policy
Public Investment Reimagined: A National Investment Authority
Adapting New Deal ideas to 21st-century challenges
Posted inCoronavirus
Unsanitized: Why We Need a National Investment Authority
A public agency to channel capital, from bailouts to infrastructure. This is The COVID-19 Daily Report for May 3, 2020.