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Analysis

September 19, 2025

State of Economic & Financial Policymaking Conference

The conference has concluded. The video feed from the conference will be available in the near future. 


CONFERENCE INFORMATION

 


AGENDA

9:00 AM | WELCOME & INTRODUCTION

DENNIS KELLEHER
Co-Founder, President and CEO, Better Markets
BIO

KATHRYN JUDGE
Co-Chair, Better Markets Academic Advisory Board
Professor of Law, Columbia Law School
BIO

JENNIFER TAUB
Co-Chair, Better Markets Academic Advisory Board
Professor of Law, Wayne State University
BIO

SIMON JOHNSON
Co-Chair, Better Markets Academic Advisory Board
Professor, Global Economics & Management, MIT
BIO


9:30 – 10:15 AM | OPENING KEYNOTE

CAROLINE CRENSHAW
Commissioner, U.S. Securities and Exchange Commission
BIO

Q&A Moderated by

GINA-GAIL S. FLETCHER
Professor of Law, Duke University School of Law
BIO


10:20 AM – 10:35 AM | CRYPTO’S POLITICAL ECONOMY

THOMAS FERGUSON
Professor Emeritus, University of Massachusetts Boston
BIO


10:45 – 11:45 AM | PANEL DISCUSSION: What’s Next for the Federal Reserve

KATHRYN JUDGE
Co-Chair, Better Markets Academic Advisory Board
Professor of Law, Columbia Law School
BIO

SKANDA AMARNATH
Executive Director, Employ America
BIO

JEREMY KRESS
Associate Professor, Michigan Ross School of Business
Co-Faculty Director, University of Michigan’s Center on Finance, Law & Policy
BIO


11:45 AM – 12:00 PM | PRESENTATION OF RELATED MATERIALS

AMANDA FISCHER
Director of Policy & COO, Better Markets
BIO


12:00 PM – 1:00 PM | BREAK FOR LUNCH


12:30 PM – 1:00 PM | LUNCH DISCUSSION: Update on Congressional Activities

Republican and Democratic Staff Directors of the Senate Banking Committee and the House Financial Services Committee have been invited to present

Moderated by

TRAVIS HORR
Director of External Affairs, Better Markets
BIO


1:00 – 2:00 PM | KEYNOTE: Private Credit, Public Risk

ANTONIO WEISS
Former Counselor to the Secretary of the United States Treasury
Partner, SSW Partners, LP
BIO

MARK ZANDI
Chief Economist, Moody’s Analytics
BIO

Q & A Moderated by

ADRIAN KEEVIL
Adjunct Assistant Professor, University of Virginia, Darden School of Business
BIO


2:00 – 3:00 PM | PANEL DISCUSSION: Financial Stability: Past, Present & Future

SIMON JOHNSON
Co-Chair, Better Markets Academic Advisory Board
Professor, Global Economics & Management, MIT
BIO

GERALD EPSTEIN
Professor of Economics, University of Massachusetts Amherst
Founding Co-Director of the Political Economy Research Institute

BIO

ART WILMARTH
Professor Emeritus of Law, The George Washington University Law School
BIO


3:00 – 4:00 PM | PANEL DISCUSSION: Innovation and Distortion

JENNIFER TAUB
Co-Chair, Better Markets Academic Advisory Board
Professor of Law, Wayne State University
BIO

ANAT ADMATI
Professor of Finance and Economics, Stanford Graduate School of Business
BIO

HILARY ALLEN
Professor, Washington College of Law, American University
BIO

PATRICIA McCOY
Professor of Law, Boston College Law School
BIO


4:00 – 4:45 PM | CLOSING KEYNOTE

JARED BERNSTEIN
Former Chair, President’s Council of Economic Advisors
Senior Fellow, Center for American Progress
BIO

Q & A Moderated by

VICKI BOGAN
Professor, Duke Sanford School of Public Policy
BIO


4:45 – 5:00 PM | CLOSING REMARKS


 

RELEVANT MATERIALS

Books

The Bankers’ New Clothes (New Edition): What’s Wrong with Banking and What to Do About It” by Anat Admati (2024)

“Driverless Finance: Fintech’s Impact on Financial Stability” by Hilary Allen (2022)

Power and Progress” by Simon Johnson (2023)

13 Bankers” by Simon Johnson (2011)

Direct: The Rise of the Middleman Economy and the Power of Going to the Source” by Kathryn Judge (2022)

Sharing Risk: The Path to Economic Well-Being for All” by Patricia McCoy (2025)

Big Dirty Money: The Shocking Injustice and Unseen Cost of White Collar Crime” by Jennifer Taub (2020)

Other People’s Houses” by Jennifer Taub (2014)

Taming the Megabanks: Why We Need a New Glass-Steagall Act” by Art Wilmarth (2020)

Op-Eds, Articles and Reports

Carry on banking: Stanford professor laments post-crisis approach to bank regulation” article about Anat Admati, Bayes Business School

Profitable Misconduct, Corporate Governance, and Law Enforcement” by Anat Admati, Stanford Law School

Brave New World” by Hilary Allen, Briefing Book substack

Fintech and Techno-Solutionism” by Hilary Allen, Southern California Law Review

How Congress Can Stop the Looming Crypto Disaster” by Hilary Allen, Just Security

Regulatory Sandboxes: One Decade On” by Hilary Allen, American University Washington College of Law

Tech does not deserve special legal treatment” by Hilary Allen, Financial Times

Why We Need to Stop Subsidizing Venture Capitalists” by Hilary Allen, Law & Political Economy Project

Interview: Crypto, the Financial System, and TrumpDollars & Sense with Gerald Epstein

Tariff Turmoil and the Money Markets: Single Payer Insurance to the Rescue” by Thomas Ferguson, Institute for New Economic Thinking

U.S. Political System Is Bought, Not Broken. A New Party Won’t Fix the Basic Problem.” by Thomas Ferguson, Institute for New Economic Thinking

The crypto crises are comingThe Gleaner, by Simon Johnson

The Economic Consequences of the Second Trump Administration: A Preliminary Assessment” Edited by Simon Johnson, essays by Simon Johnson and Lev Menand, Centre for Economic Policy Research

The Senate’s stablecoin bill risks repeating past legislative mistakesAmerican Banker, by Simon Johnson

How the Supreme Court Could Threaten Fed Independence” by Kathryn Judge and Lev Menand, Bloomberg

Basel endgame: Bank capital requirements and the future of international standard setting” by Jeremy Kress, Centre for Economic Policy Research

No, a ‘shot clock’ won’t improve the bank merger approval process” by Jeremy Kress, American Banker

Congress Must Reject the GENIUS Act and Remove the Dangers Posed by Nonbank Stablecoins” by Art Wilmarth, Open Banker

The Dangers of the Current ‘Global Deregulatory Drive’ in Financial Regulation: Written Testimony Submitted to the UK House of Lords Financial Services Regulation Committee” by Art Wilmarth, George Washington University Law School

The Looming Threat of Uninsured Nonbank Stablecoins” by Art Wilmarth, George Washington University Law School

Other

Fintech Dystopia,” a digital series by Hilary Allen

SEC Crypto Task Force Roundtable – Tokenization: Moving Assets Onchain: Where TradFi and DeFi Meet” with Hilary Allen

AI’s role in human productivity and prosperityMarketplace podcast with Simon Johnson

 

Better Markets Materials

Report: Trump’s Deregulation of Wall Street Is Going to Economically Crush Main Street Americans

Report: $20+ Trillion and Counting: The Cost of the Wall Street Caused Financial Crisis

Statement: Trump Packing the Federal Reserve with Cronies Is Playing Politics with the Pocketbooks of All Hardworking Americans

Substack: Voters Do Not Support Crypto’s Congressional Agenda

Fact Sheet: Having Won Almost 100% of Its Cases Against the Crypto Industry, the SEC Baselessly Surrenders

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