The Brookings Institution’s Hutchins Center on Fiscal & Monetary Policy and Center on Regulation and Markets (CRM) will reflect on these questions. The program will open with a panel discussing shortcomings of bank supervision, the lender of last resort function, and bank risk management practices that exacerbated the March 2023 crisis and how best to address them. A conversation with Rep. Patrick McHenry (R-NC), chair of the House Financial Services Committee, will follow. The final panel will focus on the weaknesses of the current approach to resolving bank failures that were exposed in March 2023 and how to remedy them. This event is a part of CRM’s Series on Financial Markets and Regulation.

Viewers can join the conversation and ask questions of the panelists by emailing [email protected] or on X/Twitter using the hashtag #BankFail.