Saturday, May 9, 2015

At INET Conference, Warren Adds Two Pieces to Her Financial Reform Framework

Posted on May 6, 2015 by David Dayen

The reason I’m filling in today and tomorrow is that Yves is in Washington for the INET Finance and Society conference, which is unique because it features a dozen and a half speakers, every one of them a woman, from Fed Chair Janet Yellen to IMF Chair Christine Lagarde to the SEC’s Kara Stein to CFTC’s Sharon Bowen to Treasury’s Sarah Bloom Raskin to many more, from the U.S. and around the world. Anat Admati of Stanford University organized the event, and you can watch the webcast tomorrow at this link. Maybe you’ll spy Yves stalking the halls.t

As INET’s Rob Johnson said by way of introduction at tonight’s opening dinner, “the old boy’s club was not a committee that saved the world.” He quipped that the best think you could do for financial reform is to only have women regulate it. While gender does not define a willingness to go hard at the banks for their practices, it certainly appears that a group of them represent outsiders, unwilling to accept elite spin and able to fight the prevailing wisdom. So I’m pretty excited about this conference and bummed that I couldn’t make it out to D.C.

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