1:30 pm EDT - 2:30 pm EDT

Past Event

A conversation on financial stability with Federal Reserve Governor Lisa Cook

Wednesday, May 08, 2024

1:30 pm - 2:30 pm EDT

The Brookings Institution
Falk Auditorium

1775 Massachusetts Ave NW
Washington, D.C.

The importance of maintaining financial stability—and minimizing the risk of financial crises—has been painfully obvious since the global financial crisis of 2007-09. One key responsibility of the Federal Reserve, in addition to supervising individual financial institutions, is monitoring systemic risks and taking steps to contain them.

On May 8, Federal Reserve Governor Lisa D. Cook, who chairs the Federal Reserve Board’s Committee on Financial Stability, discussed the Fed’s latest semi-annual Financial Stability Report at an event hosted by the Hutchins Center on Fiscal and Monetary Policy. Cook joined the Federal Reserve Board in 2022 and was formerly a professor of economics and international relations at Michigan State University.

Following her remarks, she was joined in conversation by Don Kohn, former Fed vice chair and now Robert V. Roosa chair in international economics at Brookings, and Carolyn Wilkins, former senior deputy governor of the Bank of Canada and now at Princeton University’s Griswold Center for Economic Policy Studies. Wilkins is currently an external member of the Bank of England’s Financial Policy Committee; Kohn is a former member.

Registration is required to attend an event in person and guests at Brookings are required to attest to their state of health before attending. Visitors may not enter the building if they are feeling ill for any reason, have any symptoms commonly associated with COVID-19, have recently tested positive for COVID-19 and do not yet meet the criteria to resume normal activities based on current CDC guidance, or have been advised by their healthcare professional or otherwise to not enter any space where some persons may not be vaccinated.