How COVID-19 could alter the regulatory landscape
By John Heltman
The 2008 financial crisis transformed banking regulation. But how have those changes held up in the current recession, and what might be coming next?
Podcast features comments by Karen Petrou on the future of financial regulation after the pandemic along with views from industry leaders, policy advocates, and leading academics. The podcast concludes with views from Karen on the structural realignment sure for the financial sector after the 2020 election. As Karen and others say on the podcast, how the financial system is realigned depends on who wins the White House, but the scale of Fed market interventions and the depth of macroeconomic pain ensure that the post-COVID system will be a very different one not just in the U.S., but across key financial markets.