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1
Introduction
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Personal Story
3
Working in DC
4
Community Reinvestment Act
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Community Banking Sector
6
Regulation Burdens
7
Listening Tour
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Cumulative Effect
9
CRA
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Impact on Communities
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LMI Communities
12
Interagency Rule Making
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FinTech
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CFPB Office of Innovation
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Regulation fragmentation
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Innovation
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National FinTech Bank
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Stop Problems Before They Happen
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Prevention of Harm
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Financial Literacy
21
Education
Description:
Explore the modernization of financial regulations to promote shared economic prosperity in this 59-minute Milken Institute panel discussion. Gain insights from top financial regulators on efforts to update regulations for the 21st century, leveraging fintech and regtech innovations to enhance financial inclusion and capital access. Learn about initiatives to foster responsible innovation, streamline compliance, and improve oversight efficiency. Discover the potential impact on community banking, low-to-moderate income communities, and financial literacy. Hear perspectives on balancing innovation with consumer protection, addressing regulatory fragmentation, and creating a national fintech bank framework. Understand the importance of preventive measures and education in shaping a more inclusive and technologically-advanced financial system for all Americans.

Modernizing Financial Regulation to Facilitate Shared Economic Prosperity

Milken Institute
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