Board Diversity Matters: An Assessment of Community Lending and Federal Reserve-Regulated Banks

February 22, 2022
Lecture by Professor Brian D. Feinstein of the Wharton School of the University of Pennsylvania. Part of the 2021-2022 Lecture Series on Race and Regulation, organized by the Penn Program on Regulation.
Drawing on new empirical research, Professor Brian Feinstein in this lecture looks at the regional Federal Reserve Bank boards and reveals how their diversity corresponds with increased lending to underbanked minority communities. Prof. Feinstein addresses what this research implies more broadly about the significant role that diversity in government and on corporate boards may play in advancing equitable policy outcomes.
This lecture was co-sponsored by Penn Law’s Office of Equity and Inclusion and the Wharton Initiative on Financial Policy and Regulation.
To learn more about the lecture series on race and regulation, visit the series webpage at PennReg.org/race-and-regulation.
For general information about the Penn Program on Regulation, including all upcoming events, visit our website at PennReg.org.