A Federal Reserve for the 21st Century

The Asset Building Program and Economic Growth Program at New America is hosting a unique, two-day, two-city event focused on the future of the Federal Reserve. We are delighted to be co-sponsoring the event with the Roosevelt Institute. The first event took place in New York City and focused on the past, present and future of the Fed as a banking and job creation institution. The second event is this coming Monday, May 9th from 9am until 12pm here at New America and will focus on the Fed’s role in restoring growth and protecting consumers.

This is a critical time for the Fed, economic growth remains low and joblessness remains high. Many of the tools the Fed would traditionally use to fight these problems have been exhausted. In addition, challenes are posed by the new Financial Stability Oversight Board and the work-in-progress of implementing Dodd-Frank financial reform. Much responsibility for overseeing the functioning of a dynamic, stable, and sustainable economy will remain with the Federal Reserve. Is the Fed is up for the task? Does the Fed understand it’s proper role in the years to come? How should the institution be reformed in the wake of the Great Recession to prevent the next crisis from occurring? Can it manage its dual objectives of full employment and inflation fighting? Can it normalize its balance sheet post-crisis?

We have a terrific lineup posed to address those questions and more, the event will feature Joe Gagnon, Dean Baker, Travis Plunkett, Mike Konczal and a number of others.

Please click here to RSVP or to watch the event live online on Monday morning.