Video Archive


2017 - The Importance of Community Banking
In Your Community and Beyond Your Community, Video
Community Banking in the 21st Century: In Your Community and Beyond Your Community
Community Banker -VT
Community Banker Spotlight 2018: Daniel Yates, Brattleboro Savings and Loan
Dylan Clarkson, Pioneer Bank and Trust
Community Banker Spotlight 2018: Dylan Clarkson, Pioneer Bank and Trust
tom Hough
Community Banker Spotlight 2018: Tom Hough, Carrollton Bank
Community Banker Spotlight 2017: Chuck Mausbach, Frandsen Financial Corporation
Community Banker Spotlight 2017: Lee McCann, Sabine State Bank
Community Banker Spotlight 2017: Craig Reeves, FNB New Mexico
John V. Evans Jr., D.L. Evans Bank
Community Banker Spotlight 2016: John V. Evans Jr., D.L. Evans Bank
Joe Kesler, First Montana State Bank
Community Banker Spotlight 2016: Joe Kesler, First Montana Bank
Gene Rainbolt
Community Banker Spotlight 2016: H.E. "Gene" Rainbolt, BancFirst
Claire Tucker, CapStar Financial Holdings
Community Banker Spotlight 2016: Claire Tucker, CapStar Financial Holdings
Community Banker Spotlight 2015: William DelBiaggio, Jr., Heritage Bank of Commerce
Betsy Flynn, CFSB
Community Banker Spotlight 2015: Betsy Flynn, Community Financial Services Bank
Community Banker Spotlight 2015: John W. Jay, Roscoe State Bank
Community Banker Spotlight 2015: Chris Oddliefson, Rockland Trust
Community Banker Spotlight 2015: Scott Page, CoBiz Bank
Community Banker Spotlight 2015: Gary L. Tice, First Florida Integrity Bank
Jim Watson, Midwest BankCentre
Community Banker Spotlight 2015: Jim Watson, Midwest BankCentre
VT Commissioner
Commissioner Perspectives 2018: Michael Pieciak, Vermont Department of Financial Regulation
Afdahl
Commissioner Perspectives 2018: Bret Afdahl, South Dakota Division of Banking
Bryan Schneider
Commissioner Perspectives 2018: Bryan Schneider, Illinois Department of Financial and Professional Regulation
Commissioner Perspectives 2017: Mike Rothman, Minnesota Department of Commerce
Commissioner Perspectives 2017: Christopher Moya, New Mexico Financial Institutions Division
Commissioner Perspectives 2017: John Ducrest, Louisiana Office of Financial Institutions
Gavin M Gee, Idaho Department of Finance
Commissioner Perspectives 2016: Gavin M. Gee, Idaho Department of Finance
Greg Gonzales
Commissioner Perspectives 2016: Greg Gonzales, Tennessee Department of Financial Institutions
Melanie Hall, Montana Division of Banking and Financial Institutions
Commissioner Perspectives 2016: Melanie Hall, Montana Division of Banking and Financial Institutions
Mick Thompson
Commissioner Perspectives 2016: Mick Thompson, Oklahoma Banking Department
2017 Commissioner Commentary - Utah
2017 Commissioner Commentary - Hawaii
2017 Commissioner Commentary - Kentucky
2017 Community Banking in the 21st Century Conference Highlights
2016 Community Banking in the 21st Century Conference Highlights
2015 Conference Highlights Video, Janet Yellen, Chair of the Board of Governors of the Federal Reserve System
2015 Community Banking in the 21st Century Conference Highlights
2014 Conference Highlights Video, The Future of Community Banking Discussion Panel
2014 Community Banking in the 21st Century Conference Highlights
2013 Conference Highlights Video, Ben Bernancke Chairman of the Board of Governors of the Federal Reserve System
2013 Community Banking in the 21st Century Conference Highlights
2018casestudy
2018 Community Bank Case Study Competition Finalist
2017 University of Akron Case Study
2016 CSBS Community Bank Case Study Competition Highlights
2016 Case Study Highlights
2016 Winning Case Study Presentation
2016 Winner's Presentation: Southeastern Louisiana University
Southeastern Louisiana University Case Study Video
2016 Southeastern Louisiana University Case Study
2016 University of Arkansas, Competition Participant
2016 University of Wyoming, Competition Participant
2016 Concordia College, Competition Participant
2015 University of Utah, Competition Participant and 1st Place Winner
Pres Mester Keynote
Opening Keynote Address: Loretta Mester, president and CEO, Federal Reserve Bank of Cleveland
Welcome Charlotte Corley
Welcoming Remarks: Charlotte Corley, commissioner, Mississippi Department of Banking and Consumer Finance; chairman, Conference of State Bank Supervisors (CSBS)
Stackhouse 2018
Welcoming Remarks: Julie Stackhouse, executive vice president, Federal Reserve Bank of St. Louis
Welcome Pres Bullard
Welcoming Remarks: James Bullard, president and CEO, Federal Reserve Bank of St. Louis
S1_RP1_Cole
Research Paper Session 1: Did Bank Small-Business Lending in the U.S. Recover After the Financial Crisis?
Jagtiani
Research Paper Session 1:How Important are Local Community Banks to Small Business Lending? Evidence from Mergers and Acquisitions
Pattison
Research Paper Session 1: Remote Competition and Small Business Loans: Evidence from SBA Lending
Lee
Research Paper Session 1: Similarities and Differences in Small Business Lending Between Small and Large Banks: Findings from the Small Business Lending Survey
Udell
Research Session 1: Moderator Reaction
Garufis
Research Session 1: Community Bank Discussant, Janet Garufis, chairman and CEO, Montecito Bank and Trust, Santa Barbara, Calif.
Research Paper Session 1: Moderated Q&A
Case Study
2018 CSBS Community Bank Case Study Competition: Introduction, Brett Afdahl, director of banking, South Dakota Division of Banking; chair-elect, Conference of State Bank Supervisiors; Winning Team Eastern Kentucky University
Case Study Q&A
2018 CSBS Community Bank Case Study: Moderated Q&A
Jelena McWilliams
Day One Closing Remarks: Jelena McWilliams, chairman, Federal Deposit Insurance Corp.
Cuddy Keynote
Evening Keynote Address: Gerard Cuddy, president and CEO, Beneficial Bank, Philadelphia, Pa.
Quarles
Morning Keynote Address: Randal K. Quarles, Vice Chairman for Supervision, Board of Governors of the Federal Reserve System
Quarles QA
Morning Keynote Address: Moderated Q&A
Ramcharan
Research Paper Session 2:The Effects of Competition in Consumer Credit Markets
Kravitz
Research Paper Session 2: The Competitive Effects of Megabanks on Community Banks
Homanen
Research Paper Session 2: Depositors Disciplining Banks: The Impact of Scandals
Koch
Research Paper Session 2 Moderator Reaction: Dr. Timothy Koch, University of South Carolina
Nogueira
Research Paper Session 2: Community Bank Discussant, Gilda Nogueira, president and CEO, East Cambridge Savings Bank, Cambridge, Mass.
Session 2 QA
Research Paper Session 2 Moderated QA
Milchanowski
Research Paper Session 3: CEO Succession and Performance at Rural Banks
DeYoung
Research Paper Session 3: Stress Testing Community Banks
Nguyen
Research Paper Session 3:Home Biased Credit Allocations
Feng
Research Paper Session 3: Technology Investment, Firm Performance and Market Value: Evidence from Banks
Kiser
Research Paper Session 3: Moderator Reaction, Elizabeth Kiser, associate director and economist, Board of Governors of the Federal Reserve System
Hough
Research Paper Session 3: Community Bank Discussant, Thomas Hough, CEO, Carrollton Bank, Carrollton, Ill.
Session 3 Q&A
Research Paper Session 3: Moderated Q&A
Survey Results
2018 National Survey of Community Banks: Presentation of Results
Panel
Panel Discussion: The Future of Community Banking
Closing Remarks
2018 Conference Wrap Up: John Ryan, CSBS
Welcoming Remarks: Albert Forkner, commissioner, Wyoming Division of Banking; chairman, Conference of State Bank Supervisors (CSBS)
Welcoming Remarks: Julie Stackhouse, executive vice president, Supervision, Federal Reserve Bank of St. Louis
Opening Remarks: Janet Yellen, chair, Board of Governors of the Federal Reserve System
Research Paper Session 1: Robert DeYoung, University of Kansas (KU) School of Business
Research Paper Session 1: The Effect of Bank Supervision on Risk-Taking: Evidence from a Natural Experiment
Research Paper Session 1: Does Bank Supervision Matter? Evidence from Regulatory Office Closures
Research Paper Session 1: Rules and Judgment in the Oversight of Bank Accounting Practice
Research Paper Session 1: Moderator Reaction
Research Paper Session 1: Community Bank Discussant, Martin Birmingham, Five Star Bank, Rochester, Ny.
Research Paper Session 1: Moderated Q&A
2017 CSBS Community Bank Case Study Competition: Introduction, Charlotte Corley, commissioner, Mississippi Department of Banking and Consumer Finance
2017 CSBS Community Bank Case Study Competition: Winning Team, The University of Akron
2017 CSBS Community Bank Case Study Competition: Moderated Q&A
Evening Keynote Address: Cynthia Blankenship, Bank of the West, Grapevine, Texas
Morning Keynote Address: John Williams, president and chief executive officer, Federal Reserve Bank of San Francisco
Morning Keynote Address: Q&A
Research Paper Session 2: Core Profitability of Community Banks, 1995-2015
Research Paper Session 2: Competition and Bank Fragility
Research Paper Session 2: Regulatory Asset Thresholds and Acquisition Activity in the Banking Industry
Research Paper Session 2: Community Bank Discussant, Kevin Riley, First Interstate Bank, Billings, Mont.
Research Paper Session 2: Moderator Reaction, Allen Berger, Darla Moore School of Business, University of South Carolina
Research Paper Session 2: Moderated Q&A
Research Paper Session 3: Financial Crises and Filling the Credit Gap: The Role of Government-guaranteed Loans
Research Paper Session 3: The Real Effects of Geographic Lending Disclosure on Banks
Research Paper Session 3: Color and Credit: Race, Regulation and the Quality of Financial Services
Research Paper Session 3: Community Bank Discussant, Peter Schork, Ann Arbor State Bank, Ann Arbor, Mich.
Research Paper Session 3: Moderator Reaction, Tim Yeager, Sam M. Walton College of Business, University of Arkansas
Research Paper Session 3: Moderated Q&A
2017 National Survey of Community Banks: Presentation of Results
Community Banking in the 21st Century: Panel Discussion
Community Banking in the 21st Century: Panel Discussion Q&A
2017 Conference Wrap-Up: John Ryan, CSBS
Day 1 Welcome: Julie Stackhouse, Executive Vice President, Supervision, Federal Reserve Bank of St. Louis
Charles G. Cooper, commissioner, Texas Department of Banking
Welcoming Remarks: Charles G. Cooper, commissioner, Texas Department of Banking; chairman, Conference of State Bank Supervisors (CSBS)
Federal Reserve Bank of St. Louis President James Bullard
Welcoming Remarks: James Bullard, president and CEO, Federal Reserve Bank of St. Louis
Research Paper Session 1: Moderator Robin A. Prager, Board of Governors of the Federal Reserve System
Research Paper Session 1: Is the Traditional Banking Model a Survivor?
Research Paper Session 1: Bank Business Models in the U.S.: Identification, Performance, Risks and Regulation
Research Paper Session 1: Why Banks Matter: Measuring the Impact of Banks on Missouri’s Economy
Research Paper Session 1: The Changing Face of Communities Served by Minority Depository Institutions: 2001 - 2014
Research Paper Session 1: Moderator Reaction
Research Paper Session 1: Community Bank Discussant: William Dana Jr., president and chief executive officer, Central Bank of Kansas City, Kansas City, Mo.
Research Paper Session 1: Moderated Q&A
Afternoon Keynote Address: Charles Evans, president and CEO, Federal Reserve Bank of Chicago
Afternoon Keynote Address Q&A: Charles Evans, president and CEO, Federal Reserve Bank of Chicago
Research Paper Session 2: Moderator Cynthia L. Course, director, financial institution supervision and credit, Federal Reserve Bank of San Francisco
Reserach Paper Session 2: Is Bigger Necessarily Better in Community Banking?
Research Paper Session 2: Bank Size, Compliance Costs and Compliance Performance in Community Banking
Research Paper Session 2: Has the Relationship Between Bank Size and Profitability Changed?
Research Paper Session 2: Moderator Reaction
Research Paper Session 2: Community Bank Discussant: Allan (Al) Landon, general partner, Community BanCapital, Portland, Ore.
Research Paper Session 2: Moderated Q&A
2016 Winning Case Study Presentation
Presentation of Winning Case Study and Video from the 2016 CSBS Community Bank Case Study Competition: Southeastern Louisiana University
2016 CSBS Community Bank Case Study Competition Presentation: Moderated Q&A
Evening Keynote Address: H.E. “Gene” Rainbolt, chairman, BancFirst Corporation, Oklahoma City, Okla.
2016 Morning Keynote Address: Governor Jerome Powell, Board of Governors of the Federal Reserve System
Morning Keynote Q&A
Research Paper Session 3: Moderator Todd Vermilyea, Federal Reserve Board of Governors
Research Paper Session 3: Did Capital Requirements in the Early 20th Century U.S. Promote Bank Stability?
Research Paper Session 3: Dodd-Frank Federal Deposit Insurance Reform
Research Paper Session 3: Commercial Lending Concentration and Bank Expertise: Evidence from Borrower Financial Statements
Research Paper Session 3: Moderator Reaction
Research Paper Session 3: Community Bank Discussant: Glen Jammaron, vice chairman and president, Alpine Banks of Colorado, Glenwood Springs, Colo.
Research Paper Session 3: Moderated Q&A
2016 National Survey of Community Banks: Presentation of Results
2016 Panel Discussion: Moderator, Melanie Hall, commissioner, Montana Division of Banking and Financial Institutions
2016 Panel Discussion: Lori Bettinger, executive vice president, Alliance Partners; president, BancAlliance
2016 Panel Discussion: Ann Marie Mehlum, associate administrator, U.S. Small Business Administration (SBA)
2016 Panel Discussion: Richard Sanborn, president and chief executive officer, Seacoast Commerce Bank, San Diego, Calif.
2016 Panel Discussion: Darrin L. Williams, chief executive officer, Southern Bancorp, Inc., Arkadelphia, Ark.
2016 Panel Discussion: How do you see regulatory burden impacting the community banking industry in the short term? Long term?
2016 Panel Discussion: Looking ahead 10 years, what aspects of the community bank business model will undergo the most dramatic change? Which will likely remain unchanged?
2016 Panel Discussion: Moderated Q&A
2016 Conference Wrap-up: Michael Stevens, CSBS
Welcoming Remarks: Julie Stackhouse, senior vice president, Federal Reserve Bank of St. Louis
Welcoming Remarks: David J. Cotney, commissioner of banks, Massachusetts Division of Banks; chairman, Conference of State Bank Supervisors
Welcoming Remarks: James Bullard, president and CEO, Federal Reserve Bank of St. Louis
Opening Remarks: Janet Yellen, chair, Board of Governors of the Federal Reserve System
Research Paper Session 1: Moderator Ron Feldman, executive vice president and senior policy advisor, Federal Reserve Bank of Minneapolis
Research Paper Session 1: Discussant Megan F. Clubb, chairman and chief executive officer, Baker-Boyer National Bank, Walla Walla, Wash.
Research Paper Session 1: The Changing Role of Small Banks in Small Business Lending
Research Paper Session 1: Lending on Main Street: Challenges and Opportunities for Community Banks- Before, During and After the Financial Crisis
Research Paper Session 1: Small Bank Comparative Advantage in Alleviating Financial Constraints and Providing Liquidity Insurance over Time
Research Paper Session 1- How does Farm Credit System Lending Affect Competition in Banking Markets?
Research Paper Session 1: Moderator Reaction
Research Paper Session 1: Q&A
Presentation of Winning Video from CSBS' 2015 Inaugural Community Bank Case Study Competition
2015 Evening Keynote Address: Lael Brainard, governor, Board of Governors of the Federal Reserve System
Research Paper Session 2: Moderator Julapa Jagtiani, special advisor, Supervision, Regulation and Credit Department, Federal Reserve Bank of Philadelphia
Research Paper Session 2: Discussant Charles A. Paul, III (Chad Paul), director-member, North Carolina State Banking Commission; managing partner, Harbor Island Partners, LLC, Wilmington, N.C.
Research Paper Session 2: Did the Financial Reforms of the Early 1990s Fail? A comparison of Bank Failures and FDIC Losses in the 1986 – 1992 and 2007 – 2013 Periods
Research Paper Session 2: Financial Performance and Managment Structure of Small, Closely-Held Banks
Research Paper Session 2: How Vulnerable are Agriculturally Concentrated Banks to a Fall in Agricultural Land Values?
Research Paper Session 2: An Historical Loss Approach to Community Bank Stress Testing
Research Paper Session 2: Moderator Reaction
Research Paper Session 2: Moderated Q&A
Research Paper Session 3: Moderator Robin A. Prager, senior adviser, division of research and statistics, Board of Governors of the Federal Reserve System
Research Paper Session 3: Discussant Steven A. Brown, president and chief executive officer, Pacific Coast Banker’s Bank (PCBB), Walnut Creek, Calif.
Research Paper Session 3: The State and Fate of Community Banking Video 1
Research Paper Session 3: The State and Fate of Community Banking Video 2
Research Paper Session 3: Accounting for the Decline in the Number of Community Banks since the Great Recession
Research Paper Session 3: The Direct Costs of Bank Compliance around New Regulations for Small and Community Banks
Research Paper Session 3: Post-Crisis Residential Mortgage Lending by Community Banks
Research Paper Session 3: Moderator Reaction
Research Paper Session 3- Moderated QA
Introduction for Keynote Speaker: Charles G. Cooper, commissioner, Texas Department of Banking
2015 Afternoon Keynote Address: Reid Ryan, founding investor and board member for R Bank and R Corp Financial, Round Rock, Texas; president for business operations, Houston Astros Baseball Club
2015 National Survey of Community Banks: Presenation of Results
2015 Panel Discussion: Video 1
2015 Panel Discussion: Video 2
2015 Panel Discussion: Video 3
2015 Panel Discussion: Video 4
2015 Conference Wrap-up
Welcoming Remarks: Julie Stackhouse, executive vice president, Federal Reserve Bank of St. Louis
Welcoming Remarks: James Bullard, president, Federal Reserve Bank of St. Louis
Welcoming Remarks-Ryan
Welcoming Remarks-Powell
Morning Keynote Address: Esther L. George, president, Federal Reserve Bank of Kansas City
Research Paper Session 1: Moderator Ken B. Cyree, Ph.D., Dean and the Frank R. Day/Mississippi Bankers Association Chair of Banking, University of Mississippi School of Business Administration; Director, Mississippi School of Banking
Research Paper Session 1: Panelist Mark Schroeder, chairman and CEO, German American Bank, Jasper, Ind.
Research Paper Session 1: The Entry, Performance and Viability of De Novo Banks
Research Paper Session 1: Where Are All the New Banks? The Role of Regulatory Burden in New Charter Creation
Research Paper Session 1: Rivalry, Market Structure and Innovation: The Case of Mobile Banking
Research Paper Session 1: What Explains Low Net Interest Income at Community Banks?
Research Paper Session 1: Moderator Reaction
Research Paper Session 1: Q&A
Research Paper Session 2: Moderator Richard A. Brown, chief economist and associate director for regional operations, Division of Insurance and Research, Federal Deposit Insurance Corporation, Washington, D.C.
Research Paper Session 2: Panelist David C. Williams, president and CEO, Upper Peninsula State Bank, Escanaba, Mich.
Research Paper Session 2: Assessing Targeted Macroprudential Financial Regulation: The Case of the 2006 Commercial Real Estate Guidance for Banks
Research Paper Session 2: The Impact of Small Business Lending Fund on Community Bank Lending to Small Businesses
Research Paper Session 2-When Bank Examiners Get It Wrong: Financial Institution Appeals of Material Supervisory Determinations
Research Paper Session 2: Moderated Q&A
Research Paper Session 3: Moderator Heidi Mandanis Schooner, Columbus School of Law, Catholic University of America, Washington, D.C.
Research Paper Session 3: Panelist J. Pat Hickman, chairman and CEO, Happy State Bank, Happy, Texas
Research Paper Session 3:How Are Small Banks Faring Under Dodd-Frank?
Research Paper Session 3: Did the JOBS Act Benefit Community Banks? A Regression Discontinuity Study
Research Paper Session 3: A Tiered System of Regulation is Needed To Preserve the Viability of Community Banks and Reduce the Risks of Megabanks
Research Paper Session 3: Federal Policy, Market Failures and the Challenge for Community Banks
Research Paper Session 3: Moderated Q&A
Inroduction for Keynote Speaker: Candace A. Franks, CSBS Chairman and Arkansas Commissioner of Banks
Evening Keynote Address: Rebeca Romero Rainey, chair & CEO Centinel Bank, Taos, New Mexico
2014 Community Banker Town Hall Survey Presentation of Results
The Future of Community Banking: Moderator Lamont Black, assistant professor of finance, Driehaus College of Business, DePaul University Chicago, Ill.
The Future of Community Banking: Panel Video 1
The Future of Community Banking: Panel Video 2
The Future of Community Banking: Panel Video 3
The Future of Community Banking: Panel Video 4
The Future of Community Banking: Panel Q&A
Closing Remarks: Julie Stackhouse, senior vice president of the St. Louis Fed’s Banking Supervision and Regulation division
Welcoming Remarks: Julie Stackhouse, senior vice president, Federal Reserve Bank of St. Louis
Welcoming Remarks: John Ryan, president and CEO, Conference of State Bank Supervisors
Welcoming Remarks: James Bullard, president, Federal Reserve Bank of St. Louis
Opening Remarks: Ben Bernanke, chairman, Board of Governors of the Federal Reserve
Research Paper Session 1: Moderator Scott E. Hein, Robert C. Brown Chair in Finance, Rawls College of Business, Texas Tech University, Lubbock, Texas
Research Paper Session 1: Do Community Banks PLay a Role in New Firm Survival?
Research Paper Session 1: Equipment Leasing and Financing: The Role of Community Banks
Research Paper Session 1: Equipment Leasing and Financing: The Role of Community Banks Video 2
Research Paper Session 1: Small Business Lending and Social Capital: Are Rural Relationships Different?
Research Paper Session 1: Bank Failure, Relationship Lending and Local Economic Performance
Research Paper Session 1: Moderated Q&A
Evening Keynote Address: Dorothy A. Savarese, chairman, president and CEO of Cape Cod Five Cents Savings Bank, Orleans, Mass.
Research Paper Session 2: Moderator Richard A. Brown, chief economist and associate director for regional operations, Federal Deposit Insurance Corp., Washington, D.C.
Research Paper Session 2: Financial Derivatives at Community Banks
Research Paper Session 2: Lessons from Community Banks that Recovered from Financial Distress
Research Paper Session 2: Performance of Community Banks in Good Times and Bad Times: Does Management Matter?
Research Paper Session 2: The Effect of Distance on Community Bank Performance Following Acquisitions and Reorganizations
Research Paper Session 2: Moderated Q&A
Research Paper Session 3: Moderator Lamont Black, assistant professor of finance, Driehaus College of Business, DePaul University, Chicago, Ill.
Research Paper Session 3: Estimating Changes in Supervisory Standards and Their Economic Effects
Research Paper Session 3: The Impact of Dodd-Frank on Community Banks
Research Paper Session 3: Capital Regulation at Community Banks: Lessons from 400 Failures
Research Paper Session 3: A Failure to Communicate: The Pathology of Too Big to Fail
Research Paper Session 3: Moderator Wrap-up
Research Paper Session 3: Moderated Q&A
Afternoon Keynote Address: Governor Jerome Powell, Board of Governors of the Federal Reserve System
Presentation of Results from Town Hall: Presenter Mike Stevens, senior executive vice president, Conference of State Bank Supervisors
Community Banking in the 21st Century Panel: Moderator Charles A. Vice, CSBS chairman and Kentucky Department of Financial Institutions commissioner
Community Banking in the 21st Century: Opportunities, Challenges and Perspectives- Panelist Curt Hecker, president and CEO, Panhandle State Bank, Sandpoint, Idaho
Community Banking in the 21st Century: Opportunities, Challenges and Perspectives- Panelist Bobby P. Martin, chairman of the board, The Peoples Bank, Ripley, Miss.
Community Banking in the 21st Century: Opportunities, Challenges and Perspectives- Panelist Thomas E. Spitz, chief executive officer, Settlers Bank, Windsor, Wis.
Community Banking in the 21st Century: Opportunities, Challenges and Perspectives- Panelist Claire W. Tucker, president and CEO, CapStar Bank, Nashville, Tenn.
Community Banking in the 21st Century:Opportunities Challenges and Perspectives- Panel Q&A
Closing Remarks: Julie Stackhouse, senior vice president, Federal Reserve Bank of St. Louis