FDIC Podcast

In this episode of the FDIC Podcast, we sit down for a final time with departing Chairman Jelena McWilliams to reflect upon her tenure leading the FDIC during a challenging time for our financial system.

With the explosion of financial technology in the marketplace, how can we make certain that as our banking system adopts these new technologies, it remains inclusive and accessible to everyone, including the UN-banked? In this episode, FDIC Chief Innovation Officer Sultan Meghji discusses the ‘fairness of Fintech’ with Chris Brummer, director of Georgetown University's Institute of International Economic Law.

In an increasingly digital world, how can banks make certain their customers are who they say they are? FDIC Chief Innovation Officer Sultan Meghji discusses how the FDIC and the Financial Crimes Enforcement Network (FinCEN) are working to improve digital identification, reduce identity-related crime, and preserve confidence in the digital banking environment.

Born in a small Texas town, Arleas Upton Kea came to the FDIC nearly 40 years ago as a young attorney and rose through the agency’s senior ranks in good times and during moments of crisis.  Meet Arleas and her incredible legacy of public service.

In our post-pandemic world, will there be lasting impacts to the commercial real estate sector? The FDIC’s Bob DiChara joins three community bankers who examine of how commercial real estate is trending where they are —John Buran, Flushing Bank in Uniondale, New York; Jim Edwards, United Bank in Griffin, Georgia; and Joanne Kim, Commonwealth Business Bank in Los Angeles.

All across our nation, minority banks and community development financial institutions work and lend in lower income communities where, if not for these banks, there would be no banking presence at all. FDIC Chairman Jelena McWilliams recently launched a first-of-its kind investment fund to support these banks. It’s called the Mission-Driven Bank Fund. In this episode, Chairman McWilliams speaks with two of the Fund’s anchor investors—Microsoft’s Anita Mehra and Truist Financial Corporation CEO William H. Rogers, Sr.

In an age when technology is changing our lives in so many ways, the FDIC Podcast looks ahead into the not too distant future to imagine how quantum computing may open a new frontier in how our banks operate. FDIC Chief Innovation Officer Sultan Meghji is joined by three of the nation’s leading minds in quantum computing from Duke University’s Pratt School of Engineering: Dr. Jimmie Lenz,  Dr. Jungsang Kim and Dr. Chris Monroe.

In part two of this special episode of the FDIC Podcast, we continue our historical look back on the financial crises that shaped how our banking and financial systems operate today.  Art Murton, Deputy to the Chairman for Financial Stability, picks up where we left off in part one —the collapse of the nation’s savings and loans in the 1980s.

In a two-part episode of the FDIC Podcast, we take a trip down memory lane to recall some of the recent (and not so recent) financial crises, how we recovered from those disruption, and what that means for us today.  In his more than 35 years at the FDIC, Art Murton, Deputy to the Chairman for Financial Stability,  has seen it all. Since joining the agency as an economist in 1986, Art has had a front row seat for all the ups and downs in the banking and financial sectors.

When it comes to malicious cyber attacks against our financial system, how prepared are our nation’s banks? FDIC Chief Innovation Officer Sultan Meghji sits down with Tim Maurer, Senior Counselor for Cybersecurity and Emerging Technology at the U.S. Department of Homeland Security. Together, they discuss what banks must do to defend themselves and how should they plan for recovering from these attacks should they occur?