The Milken Institute Center for Financial Markets provided written comments in response to the Office of the Comptroller of the Currency's white paper: "Supporting Responsible Innovation in the Federal Banking System." The comments pertain...

Remarks on Millennials and their impact on the financial service industry as prepared for delivery to the Millennial Financial Services Summit on April 20, 2016. A set of PowerPoint slides accompanies these remarks; it is available here.

Since the financial crisis, lenders and borrowers have shown greater appreciation for the risks in highly leveraged mortgage lending. The federal government has not. In this article, Ed DeMarco addresses housing finance for the Global...

This paper seeks to examine the implications of who should regulate FinTech, and how the answer may affect both company and consumer use of financial services. Given the scope and diversity of FinTech, the paper’s representation of the...

Remarks as prepared for delivery to the Goldman Sachs Housing Finance Conference

The future of large banks depends on the effectiveness of the post-crisis regulatory system, which is ironic: the reaction of large banks to the 2010 Dodd-Frank law was broadly negative, even while many people working at large banks...

The Milken Institute Center for Financial Markets (CFM) provided written comments to the U.S. Securities and Exchange Commission (SEC) on proposed changes to Rule 147, which provides a safe harbor to companies seeking to issue securities in...

Remarks as prepared for delivery to the American Enterprise Institute’s Fourth Annual International Conference on Housing Risk

Abstract Nowhere has disruptive technology had a more profound impact than in financial services—and yet nowhere more do academics and policymakers lack a coherent theory of the phenomenon, much less a coherent set of regulatory...

Small and mid-size businesses are the backbone of the American economy, and access to capital is the fuel that lets them thrive. This unique survey, co-authored by the Milken Institute’s Center for Financial Markets and the National Center...