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Hosted on Acast. See acast.com/privacy for more information.
Hosted on Acast. See acast.com/privacy for more information.
Hosted on Acast. See acast.com/privacy for more information.
Each year, thousands of young professionals descend on Washington with the hope of landing the perfect job at a think tank, on Capitol Hill, or in related fields. With so many bright, talented interns and recent graduates vying for the same opportunities, how can you distinguish yourself from the pack?
Join the Cato Institute and America’s Future Foundation for a crash course in creative networking and career advancement — an event specifically designed for young professionals. Speakers will discuss topics related to post-graduate professional success, with a special focus on policy research and analysis, and the role of ideas generated within the nonprofit network in the broad public policy debate.
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Hosted on Acast. See acast.com/privacy for more information.
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Hosted on Acast. See acast.com/privacy for more information.
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The most publicized bailout of the financial crisis was the TARP bill that provided capital injections to a wide range of banks. But most of the assistance to financial firms was provided through a less publicized set of emergency lending programs authorized by Section 13-3 of the Federal Reserve Act. This emergency lending authority supported the Fed’s rescue of AIG, a massive set of guarantees for Citibank, which would have failed without them, and an alphabet soup of lending ‘facilities’ that supported a small set of Wall Street dealers with almost unlimited cheap credit for a period of years.
When Congress examined this issue during the Dodd-Frank Act, they placed new limits on emergency lending that are contained in Section 1101 of the legislation. These limits are clearly intended to limit 13-3 lending to programs that are truly broad based (as opposed to bailing out a small set of insider Wall Street institutions) and to exclude the use of the program for bailouts of institutions that are actually insolvent. Join us as we discuss whether Dodd-Frank’s limitations to the Fed’s 13-3 powers went too far, or not far enough.
11:30 a.m.–12:10 p.m.Panel 1: A Policy Perspective
Moderated by: Ylan Mui, Washington Post
Mark Calabria, Cato Institute
Marcus Stanley, Americans for Financial Reform
Phillip Swagel, University of Maryland
Panel 2: A Congressional Perspective
Moderated by: Mark Calabria, Cato Institute
Senator David Vitter (R-LA)
Senator Elizabeth Warren (D-MA)
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