Center for Financial Markets
What We Do (Mission)
What We Do
Conducting research and constructing programs designed to facilitate the smooth and efficient operation of financial markets—to help ensure that they are fair and available to those who need them when they need them.
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A Look at Capital Access in the US
Financial capital fuels businesses and shapes the livelihoods of the population.
Only 20 percent of businesses in the US are minority-owned despite the fact that minorities make up 40 percent of the population.
52.3 million Americans live in economically distressed communities. Between 2000 and 2015, more than half of these communities experienced a decline in both number of jobs and businesses.
Over two-thirds of job growth comes from small businesses, for whom the most important variable for success is access to capital.
(Center) Featured Topic 2
A Blueprint for Administrative Reform of the Housing Finance System
Although legislation to reform the US housing finance system has not been successful to date, bipartisan progress can still be made through administrative reform. To that end, our blueprint for administrative reform details an effective plan for the housing finance system—keeping Fannie Mae and Freddie Mac in conservatorship, while ensuring the continued operation of the overall system.Read Report
Big Tech's Invasion of Banking
Almost a decade after the passage of the Dodd-Frank Act, what keeps bankers awake at night is not regulation by Washington, but competition from Silicon Valley. At first, competitors took the form of financial technology startups, whose avowed aim was to relegate the banks to the ash heap of history. The real threat, the bankers are coming to recognize, is big tech, not FinTech.Read Article