{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"A Fresh Look at Bank Mergers","description":"Jeremy Kress is Assistant Professor of Business Law at Michigan Ross and Co-Faculty Director of the University of Michigan\u2019s Center on Finance, Law &amp; Policy. Jeremy joins Lee to discuss how policymakers\u2019 long-standing approach to bank antitrust\u2014premised on consumer welfare\u2014has reduced the cost and availability of basic financial services and ignores numerous non-price harms stemming from bank consolidation. Jeremy details how the Chicago school of antitrust and its focus on consumer welfare came to dominate bank merger review, the impact of fintech on bank competition, and recent policy actions that foreshadow a more stringent review of bank mergers going forward. Jeremy\u2019s Twitter: @Jeremy_Kress GFMC\u2019s Twitter: @DukeGFMC Lee\u2019s Twitter: @leereiners &amp;nbsp; Related Links: &amp;nbsp; * Modernizing Bank Merger Review* by Jeremy Kress https:\/\/papers.ssrn.com\/sol3\/papers.cfm?abstract_id=3440914 &amp;nbsp; &amp;nbsp; * Reviving Bank Antitrust * by Jeremy Kress https:\/\/papers.ssrn.com\/sol3\/papers.cfm?abstract_id=4039197 &amp;nbsp; &amp;nbsp; * Executive Order on Promoting Competition in the American* https:\/\/www.whitehouse.gov\/briefing-room\/presidential-actions\/2021\/07\/09\/executive-order-on-promoting-competition-in-the-american-economy\/ &amp;nbsp; &amp;nbsp; * Antitrust Division Seeks Additional Public Comments on Bank Merger Competitive Analysis* U.S. Department of Justice https:\/\/www.justice.gov\/opa\/pr\/antitrust-division-seeks-additional-public-comments-bank-merger-competitive-analysis &amp;nbsp; &amp;nbsp; * Request for Public Comment on the Bank Merger Act* Joint Statement of Martin J. Gruenberg and Rohit Chopra, Members, FDIC Board of Directors https:\/\/files.consumerfinance.gov\/f\/documents\/cfpb_bank-merger-act-rfi_joint-statement_2021-12.pdf ","author_name":"The FinReg Pod","author_url":"http:\/\/thefinregpod.libsyn.com\/website","html":"<iframe title=\"Libsyn Player\" style=\"border: none\" src=\"\/\/html5-player.libsyn.com\/embed\/episode\/id\/22217942\/height\/90\/theme\/custom\/thumbnail\/yes\/direction\/forward\/render-playlist\/no\/custom-color\/88AA3C\/\" height=\"90\" width=\"600\" scrolling=\"no\"  allowfullscreen webkitallowfullscreen mozallowfullscreen oallowfullscreen msallowfullscreen><\/iframe>","thumbnail_url":"https:\/\/assets.libsyn.com\/secure\/content\/121835291"}