Live Online Conference

The Evolution of Banking: The 2020 Cato Summit on Financial Regulation

September 9, 2020 11:00 AM to 2:00 PM EDT

Live Online

Hundreds of innovative firms have now entered into payments, lending, and other consumer financial markets that banks used to dominate. These new entrants have raised the quality, lowered the cost, and expanded the reach of financial products to Americans who were previously excluded. But their growth has also raised questions about the fitness of existing regulation. Does it adequately address consumer protection and prudential concerns about these new entrants? What are the relative roles of state and federal regulators? And how can policy change best encourage entry into banking that will benefit consumers? Join us for an outstanding virtual program, featuring leading policymakers and experts, at Cato’s sixth annual Summit on Financial Regulation.

Join the conversation on Twitter using #CatoFinReg. Follow @CatoEvents on Twitter to get future event updates, live streams, and videos from the Cato Institute. If you have questions or need assistance registering for the event, please email our staff at events@​cato.​org.



11:00-11:05 AM

Welcome and Introduction

Jennifer Schulp (@JenniferJSchulp), Director of Financial Regulation Studies, Center for Monetary and Financial Alternatives, Cato Institute

11:05-11:30 AM

Opening Fireside Chat: New Entrants into U.S. Banking


Brian P. Brooks (@BrianBrooksOCC), Acting Comptroller of the Currency
Moderated by Diego Zuluaga (@FintechDiego), Associate Director of Financial Regulation Studies, Center for Monetary and Financial Alternatives, Cato Institute

12:00-1:00 PM

Expert Panel: Increasing Competition in Banking


Eric Goldberg (@eigoldberg), Partner, Consumer Financial Services Practice Group, Akerman LLP
Maria B. Earley, Partner, Reed Smith
Ron Shevlin (@Rshevlin), Director of Research, Cornerstone Advisors
Moderated by Dan Quan (@DanQuan13), Adjunct Fellow, Center for Monetary and Financial Alternatives, Cato Institute; former Head of Innovation, Consumer Financial Protection Bureau

1:30-1:55 PM

Closing Fireside Chat: The Role of State Regulators


Linda A. Lacewell (@LindaLacewell), Superintendent, New York State Department of Financial Services
Moderated by Diego Zuluaga (@FintechDiego), Associate Director of Financial Regulation Studies, Center for Monetary and Financial Alternatives, Cato Institute

1:55-2:00 PM

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