Frank Medina highlights CFP’s first Congressional Briefing
Series
On
Monday, April 11th, the Center for Financial Policy at the Robert H. Smith
School of Business hosted Frank Medina, Senior Counsel at the House Financial
Services Committee. This talk was the first in a series of Congressional
Briefings that will regularly host Capitol Hill staffers at the Smith School to
speak about legislative issues related to financial policy. The Center for
Financial Policy partnered with the University of Maryland’s School of Public
Policy and International Economic Policy Professor Phillip Swagel in hosting
this event.
Medina led a compelling and highly interactive discussion on reform issues
pertaining to the Dodd-Frank Act. The conversation centered on the non-bank
resolution authority and touched on issues such as moral hazard, “too big to
fail”, transparency of resolution sequencing plans, and trade-offs between
deposit insurance and not bailing out failing financial institutions.
“The Congressional Briefing Series exemplifies the Center’s combination of
education and research strategies,” said Lemma Senbet, Director of the Center
for Financial Policy in his opening remarks. “We are honored to have Capitol
Hill staffers such as Frank Medina contribute to the education at the Smith
School and, in turn, we look forward to having our faculty members share their
research with Capitol Hill Staffers to help inform policy.”
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| l-r: Phillip
Swagel , Frank Medina, and Lemma Senbet |
The Center for Financial Policy was launched in November 2009 and develops
thought leadership in financial policy that impacts corporate performance,
capital allocation and the stability of the global financial system. Located in
both College Park, MD and in Washington, D.C. at the Smith’s School’s campus in
the Ronald Reagan Building and International Trade Center, the center is
well-situated to take a leadership role with its globally recognized faculty and
its extensive relationships with key policymakers, practitioners and academics.
By Eric Miller
Graduate Assistant, Center for Financial Policy
MBA/MPP 2012