Remarks by
Martin J. Gruenberg
Chairman
Federal Deposit Insurance Corporation
Scholarly Research and the FDIC
Annual CFR-JFSR Research Conference
Arlington, Va.
September 7, 2017
Martin J. Gruenberg
Chairman
Federal Deposit Insurance Corporation
Scholarly Research and the FDIC
Annual CFR-JFSR Research Conference
Arlington, Va.
September 7, 2017
1
It is my pleasure to welcome you to the 17th Annual Research Conference sponsored
jointly by the FDIC’s Center for Financial Research (CFR) and the Journal of Financial Services
Research (JFSR).
I want to thank Manju Puri, the director of our Center for Financial Research; Haluk
Unal, an FDIC Visiting Scholar and Managing Editor of the JFSR; Rosalind Bennett of our CFR
management team; and all of the FDIC staff who helped to bring this event together.
I would like to take a few minutes this morning to underscore the FDIC’s deep
institutional commitment to banking research and why we believe it is fundamental to the
FDIC’s core mission of maintaining public confidence and stability in the banking system.
Research has always been important at the FDIC. From its inception in 1934, the FDIC
has had a research unit in its organizational structure, and the FDIC Board has relied upon the
research and analysis of FDIC economists to guide the development of financial regulatory
policy as well as operational business decisions.
The research and analysis necessary to support the FDIC’s key functions – deposit
insurance, supervision, and resolution – is extensive, and becomes even more critical during
periods of financial stress. As Chairman and as a Board Member, I have often been struck by the
range of research and analysis that we rely upon for all aspects of our decision making. This
includes:
• Assessing the potential impact of policy decisions relating to capital and liquidity
requirements, lending limits, rate caps, and all of the other elements of financial
regulation;
It is my pleasure to welcome you to the 17th Annual Research Conference sponsored
jointly by the FDIC’s Center for Financial Research (CFR) and the Journal of Financial Services
Research (JFSR).
I want to thank Manju Puri, the director of our Center for Financial Research; Haluk
Unal, an FDIC Visiting Scholar and Managing Editor of the JFSR; Rosalind Bennett of our CFR
management team; and all of the FDIC staff who helped to bring this event together.
I would like to take a few minutes this morning to underscore the FDIC’s deep
institutional commitment to banking research and why we believe it is fundamental to the
FDIC’s core mission of maintaining public confidence and stability in the banking system.
Research has always been important at the FDIC. From its inception in 1934, the FDIC
has had a research unit in its organizational structure, and the FDIC Board has relied upon the
research and analysis of FDIC economists to guide the development of financial regulatory
policy as well as operational business decisions.
The research and analysis necessary to support the FDIC’s key functions – deposit
insurance, supervision, and resolution – is extensive, and becomes even more critical during
periods of financial stress. As Chairman and as a Board Member, I have often been struck by the
range of research and analysis that we rely upon for all aspects of our decision making. This
includes:
• Assessing the potential impact of policy decisions relating to capital and liquidity
requirements, lending limits, rate caps, and all of the other elements of financial
regulation;