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Racism and the Economy - Focus on Financial Services

Tuesday, November 16 @ 11:00 am - 1:00 pm • Organized By Federal Reserve Bank of Minneapolis
Online Event

About

This is the 10th installment in the virtual event series. This session will examine structural racism in our financial services system and its impact on the economy. We will survey historical and present-day barriers to traditional financial services that exist for people of color, which can drive them into expensive and sometimes exploitative alternatives. This session will envision new products and practices, prioritizing people and places that have experienced chronic disinvestment and exclusion. It will explore ways to address root causes that can result in more equitable access to financial services and help close these gaps. Leaders from financial institutions, consumer protection organizations, research institutions, and others will explore ways that we can fully support consumers and financial service providers to ultimately help facilitate an economy that works for all.

Speakers:

  • Tom Barkin, President, Federal Reserve Bank of Richmond
  • Raphael Bostic, President, Federal Reserve Bank of Atlanta
  • Camille Busette, Senior Fellow, Economic Studies, Governance Studies, Metropolitan Policy Program, and Director, Race, Prosperity, and Inclusion Initiative, Brookings Institute
  • Bill Bynum, CEO, Hope Enterprise Corporation, Hope Credit Union, and Hope Policy Institute
  • Nancy Farghalli, Executive Producer, Marketplace (moderator)
  • Terri Friedline, Associate Professor, School of Social Work, University of Michigan
  • Esther George, President, Federal Reserve Bank of Kansas City
  • Robert James II, Chairman, National Bankers Association, and President and CEO, Carver Financial Corporation
  • Neel Kashkari, President, Federal Reserve Bank of Minneapolis
  • José Quiñonez, Founder and CEO, Mission Asset Fund
  • Lisa Rice, President and CEO, National Fair Housing Alliance
  • Lisa Servon, Kevin and Erica Penn Presidential Professor and Department Chair, City and Regional Planning, Weitzman School of Design, University of Pennsylvania
  • Lakota Vogel, Executive Director, Four Bands Community Fund
  • Abbey Wemimo, Co-founder and Co-CEO, Esusu Financial
Host
Federal Reserve Bank of Minneapolis
Federal Reserve Bank of Minneapolis
(612) 204-5000
When
November 16 @ 11:00 am - 1:00 pm Add to my Calendar
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Where
Online Event