Congress is attempting small reforms to Dodd‑Frank. Once the dust settles on the Crapo bill, it's going to be awhile before we hear from them again on the matter.

The future of financial regulator policy now lies with the agencies. So what should be on the agenda?

Highlights:

• A new idea for CFPB reform. The table agrees the Consumer Financial Protection Bureau is the place to watch. And J.W. Verret gives us a sneak peek of his best idea for reforming it: regulatory contracts.
• A better way forward for fintech regulation. Brian Knight note that financial regulators should carefully consider the risks associated with regulating via broad discretionary powers rather than via traditional rulemaking, and discussed a federal charter and state regulatory sandboxes as potential policy reform options for emerging fintech firms.
• What's Project Catalyst all about? No one knows.

The conversation also covered the Office of the Comptroller of the Currency (OCC) and the Volcker Rule.

Today's guests:

• Mercatus scholar, Brian Knight 
• Former senior affiliated Mercatus scholar, J.W. Verret
• American Banker reporter, Rachel Witkowski

Follow Chad on Twitter @ChadMReese.