Toward an Inclusive Recovery: Consequences of the Pandemic for Short and Long-Run Educational and Labor Market Outcomes
2022-10-20 14:00 - 15:30 (America/New_York) | Virtual Event
On October 20, join the Federal Reserve Board of Governors for a community development research seminar discussing short- and long-term consequences of the COVID-19 pandemic on K-12 education, higher education, and the future workforce.

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Seminar details

Recent disruptions in K-12 students’ education as a result of the COVID-19 pandemic potentially have far-reaching consequences. The repercussions of the range of interruptions may affect students’ development on several dimensions, including their future academic and economic success. Therefore, understanding who was most disproportionately affected and the issues that may impact workforce development and labor markets in the future is critical to supporting an equitable recovery from the pandemic.

Disruptions in learning could have short- and long-term impacts on how students make life choices, the most immediate likely being what path to pursue upon completing high school. Whether students enroll in a two- or four-year degreed program, pursue technical or certification training, enter the workforce immediately, or customize a path combining elements of several of these options, these decisions have personal financial implications for the students as well as long-term consequences for their future engagement in the workforce. Therefore, insights into academic learning and child development have significant importance for researchers and policymakers to better understand and inform an integrated and effective environment that leads to success for individuals and the economy.

Speakers

Michelle BowmanGovernorFederal Reserve Board of Governors

Maria ThompsonOutreach ManagerFederal Reserve Small Business Credit SurveyModerator

Lanae EricksonThird WayModerator

Nat MalkusAmerican Enterprise InstitutePolicy Discussant

Celeste CarruthersUniversity of Tennessee

Rajeev DaroliaUniversity of Kentucky

Diane SchanzenbachNorthwestern University

Gema ZamarroUniversity of Arkansas

Agenda

2:00-2:05 pm ET

Welcome

Maria Thompson, Outreach Manager, Federal Reserve Small Business Credit Survey

2:05-2:15 pm ET

Introductory remarks

Michelle Bowman, Governor, Federal Reserve Board of Governors

2:15-3:25 pm ET

Panel, Q&A

Celeste Carruthers, University of Tennessee

Rajeev Darolia, University of Kentucky

Diane Schanzenbach, Northwestern University

Gema Zamarro, University of Arkansas

Lanae Erickson, Third Way Moderator

Policy Discussant

Nat Malkus, American Enterprise Institute

3:25-3:30 pm ET

Closing

Maria Thompson, Outreach Manager, Federal Reserve Small Business Credit Survey

Presented by

About the Seminar Series

The Federal Reserve Community Development Research Seminar Series is a forum for exploring the intersection of research, policy, and practice in the community development field. The Series expands access to high-quality research that informs stakeholders who are working to support low- and moderate-income communities and communities of color.

Exploring Careers in Economics
2022-10-20 13:30 - 14:30 (America/New_York) | Virtual Event
Federal Reserve Board and Federal Reserve Education (FRE) will welcome students nationwide via webcast to discuss career opportunities and diversity in economics and to learn about career paths within the Federal Reserve System. Please register if you would like to participate in breakout sessions.

Register

Watch the online webcast of the event at http://www.federalreserve.gov/ and YouTube. Twitter and Facebook users can follow the Federal Reserve Board’s feed, @FederalReserve, and www.facebook.com/federalreserve/ and join the discussion about the event by using #FedEconJobs.

Presented by

Charting a Resilient Future for US Workers: Solutions to Navigate an Uncertain Economy
2022-10-18 14:00 - 2022-10-20 16:30 (America/New_York) | Virtual Event
Register

Amid seismic economic shifts, workers and families have experienced highs and lows. The COVID-19 pandemic dealt a once-in-a-lifetime economic shock, followed by a robust government response to stabilize the economy. Nearly three years later, a tight labor market has led to historic wage growth and better jobs—particularly for workers earning low wages. Inflation, however, has undermined these gains, and policies to control prices could lead to higher unemployment. Longer-term trends such as income inequality, automation, climate change, and demographic shifts pose uncertainty for the present and future of work.

And yet, with transformation comes opportunity. We invite you to join WorkRise and its partners for a virtual conference to explore the challenge and promise of the current moment, innovative policies and practices aimed at improving job quality and economic mobility, and creative, cross-sector solutions that are turning risk into resilience so that workers, businesses, and communities can thrive. Each day will be anchored around a specific theme, and leaders and doers from our stakeholder networks, including workers, employers, policymakers, practitioners, researchers, and advocates, will share actionable insights and solutions to navigate the road ahead. Workers will also share reflections on their experiences with economic uncertainty and their hopes about the future.

This conference is relevant to employers and business leaders, talent professionals, service and training providers, worker advocates, program administrators, policymakers, and all changemakers working to support economic mobility in the labor force. Members of the news media covering workforce, labor markets, and the economy will find new ideas and important context to shape coverage of these topics. We invite attendees to apply lessons from the event to their own work in advancing workers’ economic mobility through policy, practice, and partnerships.

Keynote speakers

Raphael Bostic, President and Chief Executive Officer, Federal Reserve Bank of Atlanta

Andre Dickens, Mayor, City of Atlanta

Maria Flynn, President and CEO, Jobs for the Future

Todd Greene, Executive Director, WorkRise, and Institute Fellow, Urban Institute

Don Howard, President and CEO, The James Irvine Foundation

Michael McAfee, President and CEO, PolicyLink

Marc Morial, President and CEO, National Urban League

Sarah Rosen Wartell, President, Urban Institute

Featured speakers

Alexander Wickman Bartik, Assistant Professor of Economics, University of Illinois Urbana-Champaign

Kristen Broady, Senior Economist and Economic Advisor, Federal Reserve Bank of Chicago

Kimberly Brown, Senior Program Officer, Bill & Melinda Gates Foundation

Elizabeth Cheung, Senior Program Officer, Conrad N. Hilton Foundation

Kristen Harknett, Professor, Social Behavioral Sciences, University of California, San Francisco

Michelle Holder, Distinguished Senior Fellow, Washington Center for Equitable Growth

Elisabeth Jacobs, Senior Fellow, Urban Institute

Erin L. Kelly, Sloan Distinguished Professor of Work and Organization Studies, MIT Sloan School of Management

Julian D. Miller, Director, Reuben V. Anderson Center for Justice, Tougaloo College

Sarah Miller, Principal Adviser for Community and Economic Development, Federal Reserve Bank of Atlanta

Jake Rosenfeld, Professor of Sociology, Washington University in St. Louis

Kimberly Shin, Managing Director, FSG Talent Rewire

Shayne Spaulding, Senior Fellow, Urban Institute

Carl E. Van Horn, Director, John J. Heldrich Center for Workforce Development, Rutgers, the State University of New Jersey

Tracy Wareing-Evans, President and Chief Executive Officer, American Public Human Services Association

Additional speakers to be announced.

Presented by

AARP

Business Roundtable

Families and Workers Fund

Jobs for the Future

Rework America Alliance, a Markle Initiative

Economic Inequality Policy Series: The Impacts of the 2021-2022 Rise in Inflation on Communities of Color
2022-10-18 10:00 - 11:30 (America/New_York) | Virtual Event
On Tuesday, October 18, 2022, the Federal Reserve Bank of New York will host a virtual forum, as part of its Economic Inequality Policy Series, on the disparate impacts of inflation on different racial and ethnic groups.

The forum will highlight recent New York Fed research on economic inequality and disparities in inflation rates experienced by different racial and ethnic groups during 2021-2022. Community development leaders and policy influencers will also discuss insights related to price stability and racial equity.

Register

Presented By

Banking and the Economy Webinar: The Appeal of Cryptocurrency and Blockchain Technology to Minority Groups
2022-10-13 12:00 - 13:00 (America/Chicago) | Virtual Event
This webinar will examine the motive, use, and attraction related to cryptocurrency and blockchain technology– with a focus on impacts to minorities groups and communities. For instructions on how to receive up to 1 CPE credit for your participation and more information on the learning objectives, visit the Kansas City Fed. Please register by October 11.

Register

Bringing the Pieces Together: The 2022 Arizona Child Care and Early Learning Landscape Report
2022-10-12 09:00 - 10:30 (America/Phoenix) | Virtual Event
Join stakeholders to discuss the analysis, recommendations, and next steps from the LISC 2022 Arizona Child Care and Early Learning Landscape Report. The session will provide an overview of the report and its recommendations and initiate a discussion on investments in building capacity from the ground up. It will also detail next steps towards potential collective approaches to address cross-cutting systems challenges.

Register

Presented by

2022 Technology-Enabled Disruption Conference
2022-10-03 09:00 - 2022-10-04 13:00 (America/New_York) | Virtual Event
The Technology-Enabled Disruption conference (TED), now in its fourth year, is designed to provide a better understanding of technology-enabled disruption and explore the phenomenon’s implications for the broader economy—for households and businesses. A consistent focus is on the themes of how technology-enabled disruption matters for US macro performance, worker and consumer impact, and relatedly, inclusion.

Register

Conference details

The focus for TED 2022 will be on technology-enabled disruption during the pandemic for households and businesses, and the path ahead, along four dimensions.

Supply chainsWe’ve all become aware of the unprecedented challenge to supply chains—previously adapted to a more stable world, and now drastically strained. What adjustments and long-term investments will firms make in the wake of supply chain disruptions so that their business operations become more resilient and reliable?

EducationPreviously contact-intensive educational services were simply disabled initially and later challenged. How has this sector adapted and what major challenges remain for the education industry?

Labor market dynamicsPerhaps most often discussed, the pivot to remote work for many jobs has dramatically shifted the workplace. As we exit the pandemic, what can we expect for the dynamics of the labor market and how has it shifted economic opportunities among various segments?

Digital paymentsThe move to vastly greater numbers of remote transactions during the pandemic accelerated the shift from cash to digital payments, all at a time of great change in what technology allows by way of decentralized, anonymized, platforms; and where central banks worldwide consider offering their own digital currencies. How has the FinTech industry adapted and grown in the wake of the pandemic? What progress was made during the disruption to make digital payments as inclusive as cash? What are the implications of the shift to digital payments for consumer credit?

Have questions? Please contact Hazel Taylor for more conference details or direct media inquiries to Karen Mracek.

Agenda at a glance

October 3, 2022

9:00-9:30 am ET

Welcome and opening remarks

Raphael Bostic, President and CEO, Federal Reserve Bank of Atlanta

Jon Willis, Vice President and Senior Economist, Federal Reserve Bank of Atlanta

9:30 am-10:45 am ET

Session 1: Supply Chain and Business Investment Decisions, Business Leader Perspective

11:00 am-12:15 pm ET

Session 2: Supply Chain and Business Investment Decisions, Research Perspective

12:15-1:30 pm ET

Afternoon Remarks

Tom Barkin, President and CEO, Federal Reserve Bank of Richmond

1:30-2:45 pm ET

Session 3: Labor Market, Business Leader Perspective

3:00-4:15 pm ET

Session 4: Labor Market, Research Perspective

4:30-5:45 pm ET

Session 5: Education

6:30-8:00 pm ET

Keynote

Scott Stern, David Sarnoff Professor of Management, MIT Sloan School of Management

Joshua Gans, Professor of Strategic Management, University of Toronto

October 4, 2022

9:00-10:15 am ET

Session 6: Payment and Credit, Business Leader Perspective

10:30-11:45 am ET

Session 7: Payment and Credit, Research Perspective

11:45 am-1:00 pm ET

Keynote

Presented by

The Role of FinTech in Unsecured Consumer Lending to Low- and Moderate-Income Individuals
2022-09-29 14:30 - 16:40 (America/New_York) | Virtual Event
On Thursday, September 29, the Federal Reserve Bank of New York will host a virtual event on the role of financial technology (FinTech) companies in unsecured consumer lending to low- and moderate-income households. Featuring FinTech lenders, researchers, regulators, and policymakers, the event will explore existing and emerging models of unsecured FinTech consumer lending aimed at low- and moderate-income people, and cover the challenges and opportunities these models present.

Register

Participants will discuss the applications of FinTech lending to extend credit to both low- and moderate-income people and underserved areas, the challenges and opportunities that alternative data and new forms of FinTech lending present to prospective borrowers, and the changing regulatory landscape.

This virtual event is open to the public and the media. All remarks are on the record and the event will be livestreamed, with a recording to be made available afterwards. For media inquiries, please contact Ellen Simon at Ellen.Simon@ny.frb.org.

Presented by

2022 Community Banking Research Conference
2022-09-28 09:00 - 2022-09-29 12:30 (America/New_York)
The 10th annual Community Banking Research Conference—sponsored by the Federal Reserve System, the Conference of State Bank Supervisors (CSBS) and the Federal Deposit Insurance Corp. (FDIC)—will be hosted as a hybrid event September 28–29, 2022. The conference brings together community bankers, academics, policymakers and bank regulators to discuss the latest research on community banking.

The conference presents an innovative approach to the study of community banks. Academics explore issues raised by the industry in a neutral, empirical manner and present their findings at the conference. Community bankers contribute to an annual national survey prior to the conference and then participate directly in the conference by serving as keynote speakers and panelists, and by providing feedback to the research presented. For more information, please contact conference@communitybanking.org.

For agenda, speaker and panel details as well as research, authors, and key findings, visit the event site.

Register

Speakers include

Michelle Bowman, Governor, Board of Governors of the Federal Reserve System

James Bullard, President and CEO, Federal Reserve Bank of St. Louis

James Cooper, President and CEO, Conference of State Bank Supervisors – CSBS

Meredith Covington, Senior Manager, Federal Reserve Bank of St Louis

Luanne Cundiff, President and CEO, First State Bank of St. Charles, St. Charles, Missouri

Tom Fite, Chair, CSBS; Director, Indiana Department of Financial Institutions

Mark Flannery, Bank of America Eminent Scholar in Finance Chair, University of Florida Warrington College of Business

James Fuchs, Vice President, Federal Reserve Bank of St Louis

Janet Garufis, President and CEO, Montecito Bank and Trust, Santa Barbara, Calif.

Martin Gruenberg, Acting Chairman, FDIC

Gregory Hayes, President and Chief Operating Officer, Kish Bank, Belleville, Pennsylvania

Amanda Heitz, Tulane University

Ruidi Huang, Southern Methodist University

Erica Jiang, Assistant Professor of Finance and Business Economics , University of Southern California Marshall School of Business

I. Lise Kruse, Commissioner, North Dakota Department of Financial Institutions, Conference of State Bank Supervisors – CSBS

Clayton Legear, President and CEO, Merchants & Marine Bank Pascagoula, Mississippi

Xiang Li, Boston College

Nicole Lorch, President and Chief Operating Officer, First Internet Bank, Fisher, Indiana

Allison Nicoletti, Assistant Professor of Accounting, Wharton School of the University of Pennsylvania

Daniel Rabetti, Tel Aviv University

Joey Samowitz, Manager, Policy Development, Conference of State Bank Supervisors – CSBS

Thomas Siems, Senior Economist and Director of Research, Conference of State Bank Supervisors – CSBS

Brian Sullivan, Office of Communications, FDIC; Host of the FDIC Podcast

Amanda Swoverland, Chief Compliance Officer, Unit, New York, New York

Gregory Weitzner, McGill University

Oktay Urcan, University of Illinois

Presented by

Exploring Baby Bonds as a Tool to Improve Economic Security
2022-09-27 15:00 - 16:30 (America/New_York) | Federal Reserve Bank of New York, 33 Liberty Street, New York, NY, 10045, United States
On Tuesday, September 27, the Federal Reserve Bank of New York, in partnership with the Office of the State Treasurer for Connecticut and the Institute on Race, Power and Political Economy at The New School will host an in-person event on the intersection of baby bonds with health, wealth, housing, and education.

Register

Baby bonds are an innovative policy tool that provides children with publicly funded investment accounts that can be accessed at age 18 for specific uses, including education, homeownership, small business, and retirement. The funds are intended as a long-term investment designed to narrow the wealth gap and address generational poverty. As of 2022, eight states and Washington, D.C. have passed legislation to introduce baby bonds programs and supportive strategies that improve economic security.

The event will feature Connecticut State Treasurer Shawn T. Wooden and Dr. Darrick Hamilton, founding director of the Institute on Race, Power and Political Economy at The New School, and a conversation on the benefits and challenges of baby bonds programs and effective strategies to link the bonds to other efforts addressing generational poverty.

This in-person event is open to the public and the media. All remarks are on the record and the event will be recorded. The recording will be made available afterwards. For media inquiries, please contact Ellen Simon at Ellen.Simon@ny.frb.org.

Agenda

Reception will follow closing remarks.

3–3:15 pm ET

Welcome

David Erickson, Head of Outreach & Education, Federal Reserve Bank of New York

3:15–3:30 pm ET

Opening Remarks

Shawn T. Wooden, Connecticut State Treasurer

3:30–4:10 pm ET

A National Lens on Baby Bonds

Amara Enyia – President of Transnational Advocacy, Global Black moderator

Darrick Hamilton, Henry Cohen Professor of Economics and Urban Policy and Founding Director of the Institute on Race, Power and Political Economy at The New School

Todd Howland, Chief of Branch, Development, Economics and Social Rights, at Office of the United Nations High Commissioner for Human Rights, United Nations (UN)

Jennifer Ng’andu, Managing Director-Program, Robert Wood Johnson Foundation (RWJF)

Scott Winship, Senior Fellow and Director of Poverty Studies, American Enterprise Institute (AEI)

4:10–4:25 pm ET

Q&A

4:25–4:30 pm ET

Closing remarks

Dyvonne Body, Community Development Specialist, Federal Reserve Bank of New York

Presented by

Location

Idaho Rural Success Summit: Meeting the Moment
2022-09-27 09:00 - 18:00 (America/Denver) | Virtual Event
Twin Falls, Idaho

The Idaho Rural Success Summit: Meeting the Moment is centered around spotlighting successful examples of rural community development through 10 lightning round presentations, as well as fostering networking opportunities and information sharing through a resource fair.

This event is by invitation-only and advanced registration is required. Please contact Leilani Barnett, SF Fed Regional Manager, with any questions.

This event is hosted by the Federal Reserve Bank of San Francisco, Idaho Department of Commerce, Idaho Rural Partnership, and Idaho Hispanic Foundation, in partnership with USDA Rural Development Idaho.

Banking and the Economy: A Forum for Minorities in Banking
2022-09-27 08:00 - 2022-09-28 13:30 (America/New_York) | Federal Reserve Bank of Atlanta, 1000 Peachtree St NE, Atlanta, Georgia, 30309, United States
This forum is designed to enhance the careers and networks of mid- to senior-level leaders who are people of color in the financial services industry. Event sessions will include industry updates, professional development conversations, diversity and inclusion strategies, and networking opportunities. Visit the event registration site for the latest agenda details.

Register

The Federal Reserve requires all employees and visitors to be fully vaccinated to gain entry. Upon your arrival, the officer at the Bank entrance will ask to see your vaccination card (a photo of the card on your mobile device will fulfill this requirement). If you are not fully vaccinated, you will be asked to provide a negative PCR test. Please note that only a PCR or rapid COVID test will be accepted; at-home tests are not accepted.

CPE Credit

Continuing Professional Education credit will be available for this event.

Location

This is planned as a hybrid event. Attendees are welcome to join us in person at the Federal Reserve Bank of Atlanta or via Zoom webinar. Please select your preference during registration.

Deadline to register for in-person: Tuesday, September 20

Deadline to register for virtual: Tuesday, September 27

Presented by

Fed Listens: Transitioning to the Post-pandemic Economy
2022-09-23 14:00 - 16:30 (America/New_York)
The Federal Reserve Board will host a Fed Listens event on September 23, convening representatives from a range of sectors to share their perspectives on how the pandemic has re-shaped the economy and the workforce and what challenges and opportunities exist during the transition to a post-pandemic economy.

Chair Jerome H. Powell will provide opening remarks, and Vice Chair Lael Brainard and Governor Michelle W. Bowman will each moderate conversations with leaders from organizations that include nonprofits, small businesses, manufacturing, supply chain management, the hospitality industry, and the housing and education sectors.

This event is one in a series of discussions as part of the Fed Listens initiative and aims to engage a wide range of stakeholders to hear how the economy is progressing across the United States.

The livestream will be webcast at www.federalreserve.gov and www.youtube.com/federalreserve

Agenda

2 pm ET

Welcome from Chair Powell

2:05–3:10 pm ET

Panel 1: The Evolving Landscape for U.S. Businesses

Governor Michelle W. Bowman moderator

Tom Henning, Cash-Wa Distributors (Kearney, NE)

Cheetie Kumar, Garland Restaurant (Raleigh, NC)

Jess Petitt, Hilton (McLean, VA)

Cara Walton, Harbour Results (Southfield, MI)

3:10–3:25 pm ET

Break

3:25–4:30 pm ET

Panel 2: How families and communities are adapting to changes in the post-pandemic economy

Vice Chair Lael Brainard moderator

Derrick Chubbs, Second Harvest Food Bank (Orlando, FL)

Brenda Hellyer, San Jacinto College (Houston, TX)

Nancy Leamond, AARP (Washington, DC)

Wendy Veliz, Farmworker Housing Development Corporation (Woodburn, OR)

4:30 pm ET

Adjourn

Presented by

Investment Connection - Colorado
2022-09-20 11:30 - 13:45 (America/Denver) | Virtual Event
During Investment Connection, community development proposals that would receive CRA consideration are presented to potential funders. The lending and investment opportunities presented will be exclusively in Colorado. Funding requests range from $25,000 to $2.5 million, and geographic target areas range from single community developments to statewide efforts. Presentations on eight new and existing community and economic development proposals from across Colorado will be shared.

Typical proposals address:

Affordable HousingAsset Building, Financial Access, Capability and EmpowermentBroadband Services / Digital InclusionCommunity Services and FacilitiesDisaster ReliefSmall Business Development / MicrolendingWorkforce Development / Economic Development

Presenters have seven minutes to share information about their organization and proposal, followed by three minutes of questions from funders. This is an great way to learn about new and existing organizations and opportunities in community and economic development.

For additional information and testimonials about Investment Connection, please visit the Kansas City Fed’s Investment Connection page. The program is also featured in the Fed Communities three-part story series, Investment Connection: Getting to ‘We Have a Deal’.

Who should attend

This event is for the funding community including:

financial institutionsfoundationsphilanthropistslocal, state and federal government

To participate, please contact

Ariel CisnerosLead Community Development AdvisorFederal Reserve Bank of Kansas CityDenver Branchariel.cisneros@kc.frb.org

Presented by

Short-Term Credentials in Postsecondary Education: Dynamics, Returns, and Funding
2022-09-15 12:15 - 2022-09-16 13:00 (America/New_York) | Federal Reserve Bank of Philadelphia, 10 Independence Mall, Philadelphia, Pennsylvania, 19106, United States
The number of nondegree credentials, including short-term certificates and noncredit programs, have risen in recent years. Many of these overlap with workforce training programs, a trend that has led to questions about the public and private returns of such credentials, the role of public financing, and the availability of relevant data to study outcomes for those who pursue nondegree credentials. The conference will give researchers, policymakers, and industry experts a chance to explore these topics and more.

Register

Discussions will include the connection between higher education and the workforce, as well as some factors that have led to the growth of short-term certificates and other nondegree credentials. In addition, our experts will explore enrollment patterns and returns on different types of credentials, including length and field of study, type of provider, and student background. Sources of funding and measures of accountability for these emergent programs will also be under review, as well as the data we have and the data we may still need to answer these questions.

Location

This is a hybrid event. You are able to select whether you will attend in-person or virtually when you register. Guests joining in person will have an opportunity to network beginning with a kickoff luncheon on Thursday, September 15, at 11:30 a.m., as well as a reception on Thursday evening.

Presented by

Creating 21st Century Capital Markets for Better Social Outcomes: Transformative Change in Health Equity Through Debt Financing
2022-09-13 15:00 - 17:30 (America/New_York) | Federal Reserve Bank of New York, 33 Liberty Street, New York, NY, 10045, United States
On Tuesday, September 13, the Federal Reserve Bank of New York will host a hybrid event on how bond financing could create greater health equity by fundamentally transforming investments in preventative public health.

Register

At the event, experts will discuss:

Proposals for creating debt streams that would be repaid by savings created by better health outcomes. This debt could be used to fund preventative public health efforts—like smoking cessation and diabetes prevention— that decrease spending to treat illnesses.

Ways to engage traditional players in the bond market with these new approaches and achieve the scale necessary to move the needle on population health.

Speakers

Participants from municipal finance, investing, regulation, and bond ratings are expected to join. Featured speakers include

Dr. Dave Chokshi, visiting fellow at the New York Health Foundation and the 43rd Commissioner at the New York City Department of Health and Mental Hygiene

Nathaniel Counts, senior vice president for behavioral health innovation at Mental Health America

Joshua Ogburn, manager of policy for the Nemours Children’s Health System

This hybrid event is open to the public and media. All remarks are on the record and the event will be livestreamed with a recording to be made available afterwards. For media inquiries, please contact Ellen Simon at ellen.simon@ny.frb.org.

Location

This is a hybrid event. You are able to select whether you will attend in-person or virtually when you register. A reception will follow the event for those able to attend in person.

Note: Deadline to register to attend in person is midnight Friday, September 9, 2022.

Presented by

Toward an Inclusive Recovery: How the Rules of the Labor Market Matter for Workers
2022-09-08 14:15 - 16:00 (America/New_York) | Virtual Event
On September 8, join the Federal Reserve Banks of Minneapolis and Philadelphia for a community development research seminar focused on how the labor market can be made more competitive and supportive of low- and moderate-income workers.

Register

Seminar details

The labor market is a complicated place where workers can have very different experiences depending on the rules, institutions, and employer practices they encounter. The pandemic recession and recovery have highlighted the importance of labor market policies and dynamics, especially as they affect workers’ ability to take new jobs and explore new ways of working.

This seminar will explore how the design of the labor market matters for low- and moderate-income workers in particular. Experts will discuss their research and its implications for how the labor market can be made more competitive and supportive of workers.

Researchers on the first panel of the seminar will focus on how occupational licensing and non-compete contracts affect labor market competition and worker outcomes. Researchers on the second panel will explore how the fundamental structure of labor markets affects workers, with a focus on alternative work arrangements such as independent contracting.

Agenda

2:15-2:20 pm ET

Welcome

Keith Wardrip, Community Development Research Manager, Philadelphia Fed

2:20-2:25 pm ET

Introductory remarks

Neel Kashkari, President, Minneapolis Fed

2:25-3:10 pm ET

Panel 1: Labor market barriers to opportunities for lower-income workers

Morris Kleiner, professor and AFL-CIO Chair in Labor Policy, Humphrey School of Public Affairs

Peter Blair, Assistant Professor of Education, Harvard Graduate School of Education

Evan Starr, Associate Professor, Robert H. Smith School of Business, University of Maryland

Jane Flanagan, Acting Director, Illinois Department of Labor

Ryan Nunn, Assistant Vice President, Community Development and Engagement, Minneapolis Fed moderator

3:10-3:55 pm ET

Panel 2: The promise and peril of alternative work arrangements

Susan Houseman, Vice President and Director of Research, Upjohn Institute for Employment Research

Laura Padin, Director of Work Structures, National Employment Law Project

Emilie Jackson, Assistant Professor of Economics, Michigan State University

Katie Lim, Economist, Community Development and Engagement, Minneapolis Fed moderator

3:55-4:00 pm ET

Closing

Keith Wardrip, Community Development Research Manager, Philadelphia Fed

Presented by

About the Seminar Series

The Federal Reserve Community Development Research Seminar Series is a forum for exploring the intersection of research, policy, and practice in the community development field. The Series expands access to high-quality research that informs stakeholders who are working to support low- and moderate-income communities and communities of color.

Conversations with the Fed: The Complex Economics of Growing Old
2022-08-31 10:00 - 10:45 (America/Chicago) | Virtual Event
Longer lives and unpredictable health make our golden years an economic puzzle, with major implications for policy and our own happiness. Economist Mariacristina De Nardi works to decipher our patterns of saving and spending in old age: Why do many couples keep putting money away long into retirement? Do we enjoy our money less as we age? How does losing a spouse dramatically change our finances? And what are the implications of COVID-19?

De Nardi is the Thomas Sargent Professor of Economics at the University of Minnesota and a consultant to the Opportunity & Inclusive Growth Institute at the Minneapolis Fed. The event will be moderated by Senior Economics Writer Jeff Horwich.

Register

Presented by

District Dialogues: The Economics of an Aging America
2022-08-09 18:00 - 19:30 (America/New_York) | Federal Reserve Bank of Richmond, 701 E Byrd St, Richmond, Virginia, 23219, United States
Join the Federal Reserve Bank of Richmond for a District Dialogues forum bringing together leading experts to discuss the economics of aging in America. District Dialogues is a free event, but registration is required. To attend in person, please register by August 2.

Register

Event details

When you attend this session, you’ll learn:

How the changing demographic trends of America impact our overall economyHow and why to prepare now – no matter what stage of life you’re in – for your own agingWhat impact today’s aging population has on our workforceHow policy can impact the decisions people make as they age, what policies might minimize challenges faced by people as we age and how these policies impact younger generations

Whether you’re Gen Z, a Baby Boomer or somewhere in between, we will approach the topic of aging from every stage of life so you will leave understanding how the aging population directly impacts you, from real estate and work life choices to caregiving and financial decisions.

This event is open to people of all ages interested in the economics of an aging America, including members of the public, educators, school administrators, state and local policymakers, workforce development professionals, and community and business leaders.

Once you register, follow the Richmond Fed on social media to join us in our lead-up discussions related to the economics of aging and share your own thoughts using the #DistrictDialogues hashtag.

Agenda

Plan to join us August 9 in person to ask questions of our panelists, network with fellow attendees, and enjoy refreshments beginning at 5 pm. Continue the conversation over dessert and coffee starting at 7:30 pm. Can’t make it to Richmond? The live stream starts at 6 pm.

5:00–6:00 pm ET

Networking and refreshments for in-person attendees

6:00–7:30 pm ET

Panel discussion and live stream for virtual attendees

7:30–8:15 p.m. ET

Conversations, coffee, and dessert for in-person attendees

Presented by

Venue

This hybrid event includes virtual and in-person attendance options. Simply select which option works best for you when you register. Please be aware that you must follow the Richmond Fed’s COVID-19 protocols while on our premises. Details will be provided in advance of the event.

Ask Us Anything: Partnerships with Community Development Financial Institutions (CDFIs)
2022-08-09 14:00 - 15:00 (America/New_York)
Inability to secure capital to improve worker skills or expand training programs can prevent growth in a local economy. Join us for a conversation on how expanded partnerships between CDFIs and workforce training providers can fill a need for financing in the workforce development sector. The panel will discuss their experiences working with workforce developers and key components of their successful relationships.

Register

Speakers

Tim Cerebe, vice president of financial wellness programs at Freedom First Credit Union

Donna Nuccio, vice president of New Market Tax Credit Investing at New Markets Support Company

Nisha Sutaria, director of programs and impact at the Community Development Bankers Association

Presented by

Interagency Forum on Broadband Access and Financial Institutions in Rural California
2022-08-02 11:30 - 13:00 (America/Los_Angeles) | Virtual Event
High-speed broadband access is a critical requirement for participation in the modern world. So how can banks, community groups, and financial regulators plan for providing communities with funding and technical assistance to implement sufficient, accessible broadband services? Join the San Francisco Fed for a community development forum to learn about opportunities for partnership and funding mechanisms to expand broadband services and advance digital equity in rural California.

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Topics include:

the challenges broadband presents in communities and solutions implemented by California-based groups;examples of financial institutions’ current initiatives supporting broadband access; andways to receive Community Reinvestment Act (CRA) credit through a myriad of lending, investment, and service opportunities.

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This event is hosted by the Federal Reserve Bank of San Francisco, the FDIC, and the OCC, in collaboration with the California Reinvestment Coalition.

Investment Connection - Kansas & Missouri
2022-08-02 11:00 - 13:15 (America/North_Dakota/Beulah) | Virtual Event
During Investment Connection, community development proposals that would receive CRA consideration are presented to potential funders. The lending and investment opportunities presented will be exclusively in Kansas and Missouri. Funding requests range from $25,000 to $2.5 million, and geographic target areas range from single community developments to statewide efforts. Presentations on eight new and existing community and economic development proposals from across Kansas and Missouri will be shared.

Typical proposals address:

Affordable HousingAsset Building, Financial Access, Capability and EmpowermentBroadband Services / Digital InclusionCommunity Services and FacilitiesDisaster ReliefSmall Business Development / MicrolendingWorkforce Development / Economic Development

Presenters have seven minutes to share information about their organization and proposal, followed by three minutes of questions from funders. This is an great way to learn about new and existing organizations and opportunities in community and economic development.

For additional information and testimonials about Investment Connection, please visit the Kansas City Fed’s Investment Connection page. The program is also featured in the Fed Communities three-part story series, Investment Connection: Getting to ‘We Have a Deal’.

Who should attend

This event is for the funding community including:

financial institutionsfoundationsphilanthropistslocal, state and federal government

To participate, please contact

Jeremy HegleLead Community Development AdvisorFederal Reserve Bank of Kansas Cityjeremy.hegle@kc.frb.org

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Community Reinvestment Act 101 for Nonprofits Serving Nevada
2022-07-28 10:00 - 11:30 (America/Los_Angeles) | Virtual Event
The Federal Reserve Bank of San Francisco, the Office of the Comptroller of the Currency, and the Federal Deposit Insurance Corporation are sponsoring a Community Reinvestment Act (CRA) workshop for community-based organizations that serve Nevada.

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The session is designed for representatives from nonprofits and community-based organizations who work in the community development field in low- and moderate-income communities. This interactive workshop will cover:

current information and training on the CRA,how the CRA can benefit organizations and the communities they serve, andhow organizations can work constructively with banks to improve their neighborhoods and communities.

Presented by

This event is hosted by the Federal Reserve Bank of San Francisco, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency, in partnership with the Nevada Bankers Association.

Interagency CRA Training 101 for CRA Officers and Bankers
2022-07-27 10:00 - 15:00 (America/New_York) | Virtual Event
The Federal Reserve Bank of Richmond, Federal Deposit Insurance Corporation (FDIC) and Office of the Comptroller of the Currency (OCC) are sponsoring a virtual CRA Workshop for bankers on July 27, 2022 from 10 am–3 pm ET, with a one-hour break incorporated.

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The workshop is intended for CRA officers who are new to the role or have less than five years of experience. It will provide an overview of the CRA regulation and train participants in exam preparation, identifying community development opportunities, developing a CRA action plan, assessing community needs and determining performance context factors.

The morning session of the webinar will take place from 10 am–12 pm ET. After an hour-long break, the training will resume from 1-3 pm ET.

Interested CRA officers should visit the registration site. For more information, contact Victor Galloway at the FDIC (phone: 704-316-0558) or Erika Bell at the Federal Reserve Bank of Richmond (phone: 704-604-6594).

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CRA Connections – Smaller Metros and Rural Counties
2022-07-27 10:00 - 11:30 (America/Chicago) | Virtual Event
CRA Connections is an interagency roundtable that connects regulators, financial institutions and community-based organizations to educate on CRA compliance, share best practices, and introduce current CRA-eligible loan and investment opportunities from community organizations that benefit low- and moderate-income, distressed and underserved communities in smaller metros and rural counties across the 11th District.

To participate, please contact:

Thomas GuerrraSenior Outreach AdvisorFederal Reserve Bank of Dallas

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Central Valley Affordable Housing: Increasing Housing Inventory for Communities of Color
2022-07-21 10:00 - 11:30 (America/Los_Angeles) | Virtual Event
California is in the midst of a severe housing supply crisis, resulting in rapid price increases for homes for sale and for rent throughout the state. Once sought after for its greater affordability, many Central Valley communities have become unaffordable for low- and moderate-income households. About 60% of Fresno County renters are “cost-burdened”—meaning they spend more than 30% of their income on rent—with a disproportionate impact on Fresno’s majority minority population. Since 2017, rent in Fresno has increased faster than anywhere in the country.

This webinar will highlight innovative finance and development strategies, and engage in big ideas to meaningfully grow affordable housing supply in the Central Valley. Participants will also connect with stakeholders throughout the Valley to foster Community Reinvestment Act (CRA) partnerships to expand creative strategies to increase affordable housing development, particularly in majority minority communities.

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Who should attend

Community stakeholders such as CDFIs, housing developers, affordable housing organizations, bankers (CFOs, lending officers, CRA officers, community development managers/directors), and government agencies engaged in the development of affordable housing.

Presented by

This event is hosted by the Federal Reserve Bank of San Francisco, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency.

Financial Inclusion Roundtable, North Texas
2022-07-19 11:30 - 13:00 (America/Chicago) | Virtual Event
The Federal Reserve Bank of Dallas, in partnership with the United Way of Metropolitan Dallas and the FDIC are hosting a roundtable with financial institutions, nonprofit organizations, and other stakeholder to learn about and discuss:

City of Dallas Financial Empowerment CentersTexas Homeowner Assistance FundUpdate on evictions in North Texas

To register, please contact:

Kseniya BenderskayaDirector, OutreachFederal Reserve Bank of Dallas

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What's Ahead for the Community Reinvestment Act: A Discussion
2022-07-14 14:00 - 15:00 (America/New_York) | Virtual Event
A virtual session this July will explain the first major changes proposed in more than a quarter century to the Community Reinvestment Act (CRA).

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Event details

Hosted by the Federal Reserve Bank of Cleveland, the session titled What’s Ahead for the Community Reinvestment Act: A Discussion will take place from 2 to 3 pm ET on July 14. We encourage you to submit questions before the event, and we encourage you to tell others you know who have an interest in the landmark law, enacted 45 years ago to encourage banks to help meet the credit needs of their local communities, including low- and moderate-income neighborhoods, in a safe and sound manner.

Federal bank regulatory agencies—the Fed, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency—jointly issued a proposal on May 5 to strengthen and modernize regulations implementing the CRA to better achieve the purposes of the law.

Building on feedback from stakeholders and research, the agencies invite public comment on their joint proposal, which has the following key aims.

Expand access to credit, investment, and basic banking services in low- and moderate-income communities. Under the proposal, the agencies would evaluate bank performance across the varied activities they conduct and communities in which they operate so that CRA is a strong and effective tool to address inequities in access to credit. The proposal would promote community engagement and financial inclusion. It would also emphasize smaller-value loans and investments that can have high impact and be more responsive to the needs of LMI communities.

Adapt to changes in the banking industry, including internet and mobile banking. The proposal would update CRA assessment areas to include activities associated with online and mobile banking, branchless banking, and hybrid models.

Provide greater clarity, consistency, and transparency. The proposal would adopt a metrics-based approach to CRA evaluations of retail lending and community development financing, which includes public benchmarks, for greater clarity and consistency. It also would clarify eligible CRA activities, such as affordable housing, that are focused on LMI, underserved, and rural communities.

Tailor CRA evaluations and data collection to bank size and type. The proposal recognizes differences in bank size and business models. It provides that smaller banks would continue to be evaluated under the existing CRA regulatory framework with the option to be evaluated under aspects of the new proposed framework.

Maintain a unified approach. The proposal reflects a unified approach from the bank regulatory agencies and incorporates extensive feedback from stakeholders.

For more information, visit the Federal Reserve Board’s CRA Proposed Rulemaking website.

Comments on the proposal will be accepted through August 5, 2022 , via this website. (The July 14 virtual session will welcome Q&A but is not a channel through which we will formally collect input.)

Registration for the webinar is now available.

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Voices of CDFIs, MDIs, and LICUs: A Listening Session on CRA Proposed Rulemaking
2022-07-14 10:00 - 11:15 (America/Chicago) | Virtual Event
Cara Ewing/Minneapolis Fed

The Federal Reserve Bank of Minneapolis invites you to a July 14, 2022, virtual discussion and listening session on how Community Reinvestment Act (CRA) proposed rulemaking could more effectively address the investment and credit needs of community development financial institutions (CDFIs), minority depository institutions (MDIs), and low-income credit unions (LICUs).

Your feedback on the modernization process will help us ensure that regulatory changes lead to a more effective CRA. We encourage you to voice your comments and questions about the modernization proposal during this important conversation. You are also welcome to provide written comments about the proposal at any time before August 5, 2022.

Register

Speakers

Michou Kokodoko, Project Director, Community Development and Engagement, Minneapolis Fed

Michael Grover, Assistant Vice President, Community Development and Engagement, Minneapolis Fed

Molly Majerle, Supervisory Examiner, Minneapolis Fed

Agenda

10:00 am | Welcome

10:05 am | A primer on the CRA Molly Majerle, Federal Reserve Bank of Minneapolis

10:20 am | Highlights of CDFI-, MDI-, and LICU-related provisions in the CRA Notice of Proposed RulemakingMichou Kokodoko, Federal Reserve Bank of Minneapolis

10:35 am | Audience discussion of key issues relating to CDFIs, MDIs, and LICUs

Facilitated by Michou Kokodoko and Michael Grover, Federal Reserve Bank of Minneapolis

From the Notice of Proposed Rulemaking:

Should the agencies [the Federal Reserve, OCC, and FDIC] also include in the MDI definition insured credit unions considered to be MDIs by the National Credit Union Administration? Should the agencies consider activities undertaken by an MDI or WDI [women’s depository institution] to promote its own sustainability and profitability? If so, should additional eligibility criteria be considered to ensure investments will more directly benefit low- and moderate-income and other underserved communities? Should the proposed factor focused on activities supporting MDIs, WDIs, LICUs, and Treasury Department-certified CDFIs exclude placements of short-term deposits, and should any other activities be excluded? Should the criterion specifically emphasize equity investments, long-term debt financing, donations, and services, and should other activities be emphasized? Should the agencies provide more specific guidance regarding what credit products and programs may be considered especially responsive, or is it preferable to provide general criteria so as not to discourage a bank from pursuing impactful and responsive activities that may deviate from the specific examples?

11:15 a.m. | Adjourn

Your feedback on the modernization process will help us ensure that regulatory changes lead to a more effective CRA. We encourage you to voice your comments and questions about the modernization proposal during this important conversation. You are also welcome to provide written comments about the proposal at any time before August 5, 2022.

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An Overview of the CRA Notice of Proposed Rulemaking
2022-07-14 09:00 - 10:00 (America/Los_Angeles) | Virtual Event
The Community Reinvestment Act (CRA) seeks to address inequities in access to credit for low- and moderate-income communities as well as underserved rural communities. On May 5, the Federal Reserve Board, the Office of the Comptroller of the Currency, and the Federal Deposit Insurance Corporation jointly released a Notice of Proposed Rulemaking to update and modernize the regulation and better achieve the core purpose of the CRA in meeting the needs of low- and moderate-income Americans.

Join the San Francisco Fed on Thursday, July 14, for an overview of the proposal and its objectives.

Register

Topics will include:

Assessment areasQualified activitiesEvaluation framework RatingsData collection and reporting

The session will also cover how you can share your feedback on the proposal through August 5, 2022.

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