Modernizing Financial Regulation to Facilitate Shared Economic Prosperity

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.

Introduction
Personal Story
Working in DC
Community Reinvestment Act
Community Banking Sector
Regulation Burdens
Listening Tour
Cumulative Effect
CRA
Impact on Communities
LMI Communities
Interagency Rule Making
FinTech
CFPB Office of Innovation
Regulation fragmentation
Innovation
National FinTech Bank
Stop Problems Before They Happen
Prevention of Harm
Financial Literacy
Education