FDIC Chairman to Address ‘Too Big to Fail’ and the Orderly Resolution of a Global Banking Organization at the Peterson Institute of International Economics
Federal Deposit Insurance Corporation (FDIC) Chairman Martin J. Gruenberg returns to the Peterson Institute for International Economics (PIIE) on Wednesday, April 10, 2024, to present a comprehensive update of how the FDIC has prepared for the orderly resolution of a GSIB under Title II of the Dodd-Frank Act. Chairman Gruenberg will detail the agency’s latest work to resolve the failure of a GSIB in a manner that protects insured depositors, preserves value, promotes financial stability, and prevents taxpayer bailouts.
Chairman Gruenberg’s remarks will be followed by a fireside chat and a moderated Q&A with PIIE President Adam S. Posen and Tobias Adrian, Financial Counsellor and Director of the Monetary and Capital Markets Department of the International Monetary Fund (IMF).
The event will also feature a roundtable discussion of the new FDIC paper to be released entitled, “Overview of Resolution Under Title II of the Dodd-Frank Act.” Art Murton (FDIC), Ryan Tetrick (FDIC), Susan Baker (FDIC), and Nicolas Véron (PIIE) will participate in the roundtable moderated by PIIE Senior Fellow Anna Gelpern.
WHAT:
Addressing ‘Too Big to Fail’: An FDIC Update on the Orderly Resolution of Global Systemically Important Banks
WHO:
Remarks and Fireside
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Martin J. Gruenberg, Chairman, FDIC
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Tobias Adrian, Director, Dept. of Monetary and Capital Markets, IMF
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Adam S. Posen, President, PIIE
Roundtable Discussion
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Art Murton, Deputy to the Chairman for Financial Stability, FDIC
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Ryan Tetrick, Deputy Director for Resolution Readiness, FDIC
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Susan Baker, Corporate Expert for Systemic Risk, FDIC
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Nicolas Véron, Senior Fellow, PIIE
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Anna Gelpern, Senior Fellow, PIIE (Moderator)
WHEN:
10:00 – 11:45 a.m. ET
Wednesday, April 10, 2024
WHERE:
Peterson Institute for International Economics
1750 Massachusetts Avenue, NW
Washington, DC
To register or watch via livestream, go to https://www.piie.com/events/2024/too-big-fail-fdic-update-orderly-resolution-global-systemically-important-banks.
Reporters may contact mediarequests@fdic.gov with questions about the event or paper.
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