Economic Development and Governance

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How To Reform the Bank Merger Process Article
Photo shows the office buildings for Bank of America and SunTrust, which recently merged with BB&T to become Truist, are seen in Miami.

How To Reform the Bank Merger Process

As the U.S. banking industry becomes increasingly concentrated into fewer, larger firms, federal regulators must reform the process by which they approve new mergers.

Alex Fredman, Todd Phillips

How To Make Corporate Boards More Diverse Report
NEW YORK, NY - NOVEMBER 01: Businessmen and shoppers walk along Madison Avenue, one of Manhattan's premier shopping and residential streets on November 1, 2011 in New York City. According to a new Census Bureau report, income inequality is greater in New York State and in the New York City region than in any other state or metropolitan area in the country. The report found that in three Manhattan neighborhoods, the Upper East and West Sides and Greenwich Village, the top 5 percent of households make an average of over $1 million. Inequality in America has become a campaign issue following the rise of the Occupy Wall Street movement and the continued high nationwide unemployment rate.  (Photo by Spencer Platt/Getty Images)

How To Make Corporate Boards More Diverse

Race and gender diversity on corporate boards is unacceptably low, but better corporate practices and SEC engagement could help accelerate progress toward more diversity, equity, and inclusion.

Alexandra Thornton, Anjunae Chandran

Switching to Responsible Banking Report
 (Customers stand at a teller's window at a bank in Miami, May 2012.)

Switching to Responsible Banking

By enhancing information on environmental, social, and governance matters in banking and facilitating competition, the CFPB and bank regulators can reduce financial abuses and empower consumers to align the financial system with sustainable values.

Divya Vijay, Andy Green

Modernizing the Social Contract With Investment Fiduciaries Report

Modernizing the Social Contract With Investment Fiduciaries

To help build a new social contract among companies, investors, workers, and society, regulators should modernize the fiduciary rules governing investment advisers and retirement plan fiduciaries to ensure that they disclose how they handle environmental, social, and governance considerations.

Tyler Gellasch, Alexandra Thornton

Bank Capital and the Coronavirus Crisis Report
 (The Federal Reserve building is seen in Washington, D.C., January 2008.)

Bank Capital and the Coronavirus Crisis

The Federal Reserve must reverse course on costly bank capital mistakes that have increased the vulnerability of the banking system in the face of the coronavirus pandemic.

Gregg Gelzinis

Climate Change Threatens the Stability of the Financial System Report
 (A pedestrian walks past the Wall Street bull statue in New York City during heavy rain.)

Climate Change Threatens the Stability of the Financial System

U.S. regulators should protect the financial system from climate-related risks and help facilitate a smooth transition to a greener economy.

Gregg Gelzinis, Graham Steele

Fact Sheet: Limit, Leverage, and Compete Fact Sheet
A refinery in Carson, California, February 2015.





///ADDITIONAL INFORMATION: Slug: port.0218.jag, Day: Tuesday, February 17, 2015 (2/17/15), Time: 2:37:46 PM, Location:  Carson, California - Tesoro Refinery Strike - JEFF GRITCHEN, STAFF PHOTOGRAPHER

(Photo by Jeff Gritchen/Digital First Media/Orange County Register via Getty Images) (Getty/Jeffy Gritchen)

Fact Sheet: Limit, Leverage, and Compete

Competition with China provides an opportunity for the United States to get its own house in order.