After Dodd-Frank: The Future of Financial Markets

Conference
July 16, 2014 10:00AMJuly 17, 2014 9:00AM
July 16: The Newseum; July 17: Cato Institute
Featuring Rep. Jeb Hensarling (R-TX), Chairman, House Financial Services Committee; Rep. Patrick McHenry (R-NC), Member, House Financial Services Committee; Chairman of the Oversight and Investigations Subcommittee; Richard Kovacevich, Chairman Emeritus, Wells Fargo & Company; Tyler Cowen, General Director, Mercatus Center at George Mason University; Sharon Brown-Hruska, Vice President, National Economic Research Associates and Visiting Professor of Finance, Tulane University; John Coates, Professor of Law and Economics, Harvard Law School; Daniel M. Gallagher, Commissioner, U.S. Securities and Exchange Commission; Josh Rosner, Author, Reckless Endangerment, Graham Fisher & Co.; and more.

Four years after the Wall Street Reform and Consumer Financial Protection Act (Dodd-Frank) was signed into law, there are many open questions about what the Act has achieved and what lies ahead for the U.S. financial system. This two-day conference, hosted jointly by the Mercatus Center at George Mason University and the Cato Institute, explores some of the most hotly debated aspects of financial regulation and policies to improve financial markets in a post-Dodd-Frank world.

PLEASE NOTE: Additional speakers, including Keynote addresses, once confirmed, will be added to schedule below over the next several weeks.

 

July 16 * The Newseum
555 Pennsylvania Avenue, N.W. Washington, D.C.

10:00 a.m. Registration
10:20 - 10:30 a.m. Welcoming Remarks

Daniel M. Rothschild, Senior Vice President & Chief Operating Officer, Mercatus Center at George Mason University
10:30 - 11:00 a.m. Opening Keynote Address

John H. Cochrane, AQR Capital Management Distinguished Service Professor of Finance, Booth School of Business, University of Chicago
11:15 a.m. - 12:30 p.m. PANEL I: Economic Analysis: Improving Transparency, Accountability, and Expertise in the Regulatory Process

Sharon Brown-Hruska, Vice President, National Economic Research Associates and Visiting Professor of Finance, Tulane University
John Coates, Professor of Law and Economics, Harvard Law School
Jerry Ellig, Senior Research Fellow, Mercatus Center
Hester Peirce, Senior Research Fellow, Mercatus Center
Moderator: Stephen Miller, Senior Research Fellow, Mercatus Center
12:45 - 2:15 p.m. Luncheon & Featured Roundtable Discussion

The Future of Financial Markets: A Conversation with the Regulators

Daniel M. Gallagher, Commissioner, U.S. Securities and Exchange Commission
Jeremiah O. Norton, Member, Board of Directors, Federal Deposit Insurance Corporation
Scott D. O’Malia, Commissioner, U.S. Commodity Futures Trading Commission
2:30 - 3:45 p.m. PANEL II: The Meta-Regulators: Creating a Resilient Financial System

Thomas L. Hogan, Assistant Professor of Finance and Member, Manuel H. Johnson Center for Political Economy, Troy University
Hal S. Scott, Nomura Professor and Director, Program on International Financial Systems, Harvard Law School
Lawrence H. White, Professor of Economics, George Mason University and Senior Scholar, Mercatus Center
Moderator: Mark Calabria, Director of Financial Regulation Studies, Cato Institute
4:00 - 4:30 p.m. Keynote Address

Rep. Jeb Hensarling (R-TX), Chairman, House Financial Services Committee
4:30 - 5:00 p.m. Closing Remarks and Reception

 

July 17 * The Cato Institute
1000 Massachusetts Avenue, N.W. Washington, D.C.

 

9:00 a.m. Registration
9:15 - 9:30 a.m. Welcoming Remarks

John Allison, President and CEO, Cato Institute
9:30 - 10:30 a.m. Opening Keynote Address


Download video of the Welcoming Remarks and Opening Keynote Address
Download podcast of the Welcoming Remarks and Opening Keynote Address

Richard Kovacevich, Chairman Emeritus, Wells Fargo & Company
10:30 - 11:45 a.m. PANEL I: Rethinking Systemic Risk: Does the Perception Still Exist that Some Institutions Are Too Big to Fail?

Download video of Panel 1
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Stuart Plesser, Senior Director, Standard & Poor’s
Martin Hutchinson, Author, Alchemists of Loss
Andrew Olmem, Partner, Venable LLP and former Chief Counsel (Minority) and Deputy Staff Director at the U.S. Senate Committee on Banking, Housing, and Urban Affairs
Moderator: Louise Bennetts, Associate Director of Financial Regulation Studies, Cato Institute
11:45 a.m. - 1:00 p.m. PANEL II: Consumer Finance: Risk, Protection and Moral Hazard

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Raj Date, Managing Partner, Fenway Summer LLC
Kevin Villani, Executive Scholar, University of San Diego and Principal, University Financial Associates
Todd Zywicki, Professor of Law, George Mason University, and Senior Scholar, Mercatus Center
Moderator: Mark Calabria, Director of Financial Regulation Studies, Cato Institute
1:00 - 2:00 p.m. Luncheon & Keynote Address

Download video of the Luncheon Address
Download podcast of the Luncheon Address

Rep. Patrick McHenry (R-NC), Member, House Financial Services Committee; Chairman of the Oversight and Investigations Subcommittee
2:00 - 3:15 p.m. PANEL III: Housing Finance Reform: Which Way Forward?

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Download podcast of Panel 3

Mark Calabria, Director of Financial Regulation Studies, Cato Institute
Laurie Goodman, Center Director, Housing Policy Finance Center, Urban Institute
Joshua Rosner, Author, Reckless Endangerment, Graham Fisher & Co.
Moderator: Hester Peirce, Senior Research Fellow, Mercatus Center
3:15 - 3:30 p.m. Closing Remarks
3:30 p.m. Reception