Podcast appearances and mentions of eugene ludwig

In this episode of Current Account, Clay is joined by Eugene Ludwig, Founder and CEO of Ludwig Advisors, to discuss a variety of updates within financial regulation - specifically those in the spotlight as President Trump continues to fill his regulatory cabinet. Clay and Gene start the discussion by assessing how the current administration seems to be approaching regulation, before diving into topics such as increased White House supervision on regulators, plans for potential Basel III implementation, a drastic change from the previous administration in approaching digital assets, how the U.S. is varying its approach from other jurisdictions, how financial institutions are approaching this period of transition and much more. This IIF Podcast was hosted by Clay Lowery, Executive Vice President, Research and Policy, with production and research contributions from Christian Klein, Digital Graphics and Production Associate, and Miranda Silverman, Senior Program Assistant.

Understand the financial pros and cons of marriage, from taxes to credit scores, and how it impacts your future. Is the economy as bad as people think it is? How does your spouse's credit and debt affect your finances? Hosts Sean Pyles and Elizabeth Ayoola discuss marriage and money to help you understand the financial implications of tying the knot. But first, NerdWallet Senior News Writer Anna Helhoski interviews Eugene Ludwig, chair of the Ludwig Institute for Shared Economic Prosperity, about why traditional economic data may not accurately reflect the financial struggles of middle- and low-income Americans. They explore how unemployment statistics overlook underemployment, why inflation feels worse for lower-income earners, and how policymakers could improve economic measurement tools. Then, NerdWallet Personal Finance Writer Lauren Schwahn joins Sean and Elizabeth to break down the financial side of marriage. They discuss how taxes work for married couples, whether getting married affects your credit score, and how to protect your finances when one partner has significant debt. They also cover estate planning advantages, health care decision-making, and strategies for managing money as a couple with different financial backgrounds. How to dispute credit report errors to get mistakes or outdated information off your credit history: https://www.nerdwallet.com/article/finance/dispute-credit-report  In their conversation, the Nerds discuss: marriage and money, financial benefits of marriage, marriage tax penalties, combining finances, marriage effect on credit score, debt and marriage, should I get married for financial reasons, estate planning for couples, joint bank accounts pros and cons, student loans and marriage, how to protect finances in marriage, marrying someone with bad credit, mortgage and marriage, how to talk about money before marriage, economic perception vs reality, cost of living vs wages, how inflation affects real wages, and CPI accuracy. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com. Like what you hear? Please leave us a review and tell a friend.

Eugene Ludwig, the former Comptroller of the Currency who led the last successful effort to reform the Community Reinvestment Act, details why the current proposal by regulators needs to be reproposed. He also tackles how banks should be evaluating their fintech partnerships in light of supervisory scrutiny, and how he sees the fintech sector as a managing partner at venture capital fund Canapi Ventures.

Welcome to the second in our series of special conversations about how the pandemic may change the shape of financial regulation. Last time we talked with former Comptroller of the Currency Thomas Curry. Today, my guest is another former Comptroller, and now the CEO and Founder of Promontory Financial Group, Eugene Ludwig.    Gene Ludwig has been a household name in the financial regulatory realm for decades, and it was wonderful to be able to tap into his thinking about how this unprecedented crisis may change that world. He shares his insights about likely impacts for various sectors, for community banks, and for the government’s efforts thus far to provide rescue assistance.    Our listeners will be especially interested in Gene’s thinking about how the crisis will reshape the technology of bank regulation. He foresees accelerating changes in how to conduct examinations, movement toward more shared utilities and third-party providers, and use of new

Jobless claims rose in the week of August 11th from the prior week. But forecast risk is downward, as the economy accelerates and the labor market continues to tighten. This week on A Closer Look, Eugene Ludwig discusses GDP and employment numbers and how to assess the real economy for most people. 

In a special fintech episode of Code and Conduit, we chat with Eugene Ludwig, former Comptroller of the Currency during President Bill Clinton’s administration and now CEO of Promontory Financial Services Group, a sought-after financial regulatory advisory company. Ludwig discusses his views on why allowing fintechs to become more like banks benefits the financial system and how to boost lending and economic opportunity for low- and middle-income Americans.

Gift from Gene Ludwig - Compliance isn't Mickey Mouse This is a very special show because we recorded it directly from the bustling floor of the American Bankers Association’s 2017 Regulatory Compliance Conference. The RCC has long been the preeminent gathering of compliance professionals in the United States and, not surprisingly, it’s growing -- with another attendance record this year at 1800 people. That makes it one of the largest events of the US banking industry. We gathered in Orlando this summer to grapple with the huge array of challenges facing compliance professionals, from bank compliance officers and attorneys, to industry vendors, to the regulators themselves. The episode departs from our usual format. Instead of having one in-depth discussion with one guest, I had eight short conversations with a diverse group of compliance leaders. Each discussion is about twenty minutes. My guests, in order, are: Part 1 Gene Ludwig - Watson Financial and Promontory Financial Group Alistair Rennie - Watson Financial Kristi Grant Hart - Spark Compliance Consulting Andy Sandler - BuckleySandler, Treliant Risk Advisors, and Asurity Technologies Richard Harvey - Colonial Savings Part 2 Elizabeth Snyder - Plante Moran Brian Levy - Katten & Temple Rajeswari Sathappan - The Mercadien Group Daniel Stipano - Buckley Sandler The episode kicks off with a lively discussion with Eugene Ludwig and Allstair Renee. As many listeners know, Gene was previously the Comptroller of the Currency and then founded Promontory Financial. Last year, he surprised the financial world by selling Promontory to IBM Watson, to form Watson Financial. At the conference, I also moderated a fireside chat with Gene and Allistair Rennie.  It was the RCC’s first-ever session on regtech. -- and I predict it won’t be the last. On stage for our fireside chat, Gene Ludwig presented Alistair and me with...wait for it...Mickey Mouse ears (again, we were in Orlando). For better or worse, everyone in the room got the joke. People in finance have long complained about “Mickey Mouse” regulations that impose massive, hyper-technical requirements but produce only limited benefits. Gene’s gift signaled that technology is attacking that problem. We’re shifting from an analog-era regulatory approach to a digital-era one that will use data and machine learning to make compliance effective and efficient, through regtech. Watson Financial is part of a fast-growing regtech industry that is completely rethinking how compliance is done. Compliance isn’t Mickey Mouse anymore. To the contrary, in fact, there was a theme at this year’s conference about compliance officers as heroes. I’ve talked in past podcasts about this idea of “heroic compliance” -- that compliance people will increasingly be leaders in shaping the future of the industry. That’s counterintuitive, since compliance has traditionally been seen as a side issue in banking. Today, however, as technology transforms both finance financial regulation, we will see compliance executives at the front, shaping how the industry moves forward. They will be gatekeepers on what innovation can and cannot take hold, blocking harmful change but also opening the doors of the banking industry fortress to allow in new, better, more affordable products, and delivery channels, that can serve more people, profitably and at scale, in ways that actively foster consumer financial health. I think we should all begin to use the hashtag, #HeroicCompliance.   In the fireside chat, Alistair took this idea further, arguing that compliance officers may actually be the people who keep the banking industry competitive in a high-tech world. Why? As they adopt regtech, they’ll be at the forefront of innovating in how banks use data and AI -- and therefore leading the charge to break banks’ data out of it legacy silos and putting it to use -- first to transform compliance, and later, who knows? ...maybe to transform banking, itself. The conversations in this episode vary widely. We talked about regtech; the regulatory burden on community banks (including how regtech can help); how banking is changing; how compliance is changing; how regulators should balance use of rulemaking, supervision and enforcement; the grounding of compliance in mission and ethics; and the psychology of compliance, including that people sometimes look the other way on ethical failures in order to get along. We also discussed some of the top issues of the day, like AML and TRID. My guests have a mix of experience as regulators, lawyers, compliance officers, auditors, and compliance leaders, working with a wide range of large and small institutions. They have a wealth of insight into where we’ve been, where we are today, and where we should be going. More links ABA Regulatory Compliance Conference (plan to come next year -- June 24-27, Nashville!) Compliance resources from American Bankers Association www.ABA.com The artificial intelligence movie Her Kristi Hart Grant’s books, How to Be a Wildly Effective Compliance Officer and Wildly Strategic Compliance Officer Conference Andy Sandler mentioned (I’ll be speaking there) Regtech Enable, November 27-29 in Washington DC More on IBM www.IBM.com My previous podcast on Heroic Compliance with Treliant’s Lyn Farrell Lyn Farrell’s new podcast show, Compliance Hero Richard Harvey  RichardH@ColonialSavings.com Elizabeth Snyder  ElizabethSnyder@plantemoran.com Brian Levy BLevy@KattenTemple.com Raji Sathappan RSathappan@mercadien.com Daniel Stipano DStipano@BuckleySandler.com More for our listeners Please remember to review Barefoot Innovation on ITunes, and please sign up to get emails that bring you the newest podcast, newsletter, and blog posts, at jsbarefoot.com. Be sure to follow me on twitter and facebook.  And please send in your “buck a show” to keep Barefoot Innovation going. Support our Podcast Meanwhile, I’ll hope to see you at the events where I’ll be speaking this fall: Finovate, September 13th, New York City SourceMedia’s RegTech -- Compliance Transformed, October 3-4th, Brooklyn, NY BAI Beacon/Fintech Stage, October 4-5, Atlanta, GA CFSI Network Summit, Fireside Chat with Thomas Curry, October 5, Chicago, IL FISCA, October 5-8th, Las Vegas, NV Money 20/20, October 25th, Las Vegas, NV Monetary Authority of Singapore Fintech Festival, November 13-17, Singapore RegTech Enable, November 27-29th, Washington, DC Fintech Connect Live, December 6th, London S&P’s Fintech Intel, December 13, New York Meanwhile, keep innovating! Subscribe Sign up with your email address to receive news and updates. Email Address Sign Up We respect your privacy. Thank you!

From the main stage This is a very special show because we recorded it directly from the bustling floor of the American Bankers Association’s 2017 Regulatory Compliance Conference. The RCC has long been the preeminent gathering of compliance professionals in the United States and, not surprisingly, it’s growing -- with another attendance record this year at 1800 people. That makes it one of the largest events of the US banking industry. We gathered in Orlando this summer to grapple with the huge array of challenges facing compliance professionals, from bank compliance officers and attorneys, to industry vendors, to the regulators themselves. The episode departs from our usual format. Instead of having one in-depth discussion with one guest, I had eight short conversations with a diverse group of compliance leaders. Each discussion is about twenty minutes. My guests, in order, are: Part 1 Gene Ludwig - Watson Financial and Promontory Financial Group Alistair Rennie - Watson Financial Kristi Grant Hart - Spark Compliance Consulting Andy Sandler - BuckleySandler, Treliant Risk Advisors, and Asurity Technologies Richard Harvey - Colonial Savings Part 2 Elizabeth Snyder - Plante Moran Brian Levy - Katten & Temple Rajeswari Sathappan - The Mercadien Group Daniel Stipano - Buckley Sandler The episode kicks off with a lively discussion with Eugene Ludwig and Allstair Renee. As many listeners know, Gene was previously the Comptroller of the Currency and then founded Promontory Financial. Last year, he surprised the financial world by selling Promontory to IBM Watson, to form Watson Financial. At the conference, I also moderated a fireside chat with Gene and Allistair Rennie.  It was the RCC’s first-ever session on regtech. -- and I predict it won’t be the last. On stage for our fireside chat, Gene Ludwig presented Alistair and me with...wait for it...Mickey Mouse ears (again, we were in Orlando). For better or worse, everyone in the room got the joke. People in finance have long complained about “Mickey Mouse” regulations that impose massive, hyper-technical requirements but produce only limited benefits. Gene’s gift signaled that technology is attacking that problem. We’re shifting from an analog-era regulatory approach to a digital-era one that will use data and machine learning to make compliance effective and efficient, through regtech. Watson Financial is part of a fast-growing regtech industry that is completely rethinking how compliance is done. Compliance isn’t Mickey Mouse anymore. To the contrary, in fact, there was a theme at this year’s conference about compliance officers as heroes. I’ve talked in past podcasts about this idea of “heroic compliance” -- that compliance people will increasingly be leaders in shaping the future of the industry. That’s counterintuitive, since compliance has traditionally been seen as a side issue in banking. Today, however, as technology transforms both finance financial regulation, we will see compliance executives at the front, shaping how the industry moves forward. They will be gatekeepers on what innovation can and cannot take hold, blocking harmful change but also opening the doors of the banking industry fortress to allow in new, better, more affordable products, and delivery channels, that can serve more people, profitably and at scale, in ways that actively foster consumer financial health. I think we should all begin to use the hashtag, #HeroicCompliance.   In the fireside chat, Alistair took this idea further, arguing that compliance officers may actually be the people who keep the banking industry competitive in a high-tech world. Why? As they adopt regtech, they’ll be at the forefront of innovating in how banks use data and AI -- and therefore leading the charge to break banks’ data out of it legacy silos and putting it to use -- first to transform compliance, and later, who knows? ...maybe to transform banking, itself. The conversations in this episode vary widely. We talked about regtech; the regulatory burden on community banks (including how regtech can help); how banking is changing; how compliance is changing; how regulators should balance use of rulemaking, supervision and enforcement; the grounding of compliance in mission and ethics; and the psychology of compliance, including that people sometimes look the other way on ethical failures in order to get along. We also discussed some of the top issues of the day, like AML and TRID. My guests have a mix of experience as regulators, lawyers, compliance officers, auditors, and compliance leaders, working with a wide range of large and small institutions. They have a wealth of insight into where we’ve been, where we are today, and where we should be going. More links ABA Regulatory Compliance Conference (plan to come next year -- June 24-27, Nashville!) Compliance resources from American Bankers Association www.ABA.com The artificial intelligence movie Her Kristi Hart Grant’s books, How to Be a Wildly Effective Compliance Officer and Wildly Strategic Compliance Officer Conference Andy Sandler mentioned (I’ll be speaking there) Regtech Enable, November 27-29 in Washington DC More on IBM www.IBM.com My previous podcast on Heroic Compliance with Treliant’s Lyn Farrell Lyn Farrell’s new podcast show, Compliance Hero Richard Harvey  RichardH@ColonialSavings.com Elizabeth Snyder  ElizabethSnyder@plantemoran.com Brian Levy BLevy@KattenTemple.com Raji Sathappan RSathappan@mercadien.com Daniel Stipano DStipano@BuckleySandler.com More for our listeners Please remember to review Barefoot Innovation on ITunes, and please sign up to get emails that bring you the newest podcast, newsletter, and blog posts, at jsbarefoot.com. Be sure to follow me on twitter and facebook.  And please send in your “buck a show” to keep Barefoot Innovation going. Support our Podcast Meanwhile, I’ll hope to see you at the events where I’ll be speaking this fall: Finovate, September 13th, New York City SourceMedia’s RegTech -- Compliance Transformed, October 3-4th, Brooklyn, NY BAI Beacon/Fintech Stage, October 4-5, Atlanta, GA CFSI Network Summit, Fireside Chat with Thomas Curry, October 5, Chicago, IL FISCA, October 5-8th, Las Vegas, NV Money 20/20, October 25th, Las Vegas, NV Monetary Authority of Singapore Fintech Festival, November 13-17, Singapore RegTech Enable, November 27-29th, Washington, DC Fintech Connect Live, December 6th, London S&P’s Fintech Intel, December 13, New York Meanwhile, keep innovating! Subscribe Sign up with your email address to receive news and updates. Email Address Sign Up We respect your privacy. Thank you!