Debt: When it Helps, When it Hurts, What it Could Do to Build Household Wealth – FEDERAL RESERVE BANK of NEW YORK – Federal Reserve Bank of New York
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On Thursday, June 9, the Federal Reserve Bank of New York, the Federal Reserve Bank of St. Louis, and the Aspen Institute Financial Security Program will host a hybrid event on the role of household debt in building wealth. The event will feature contributors to the book, “The Future of Building Wealth,” and will showcase research and solutions aimed at mitigating burdensome and wealth-depleting debt, while improving the use of wealth-building debt.
The event will explore the role policymakers, philanthropists, and capital providers can play in improving access to capital as a tool to building long-term stability, including access to loans for higher education, starting a small business, or purchasing a home.
Event Details
Date & Time
June 9, 2022
2:00pm – 4:30pm EDT (Reception to follow)
Location
Federal Reserve Bank of New York
Auditorium
33 Liberty Street
New York, NY
Audience
This hybrid event is open to the public and media. Registration for attending either in-person or virtually is available through the registration link. 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 [email protected]
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Agenda
| 9:15am-9:30am | Opening Remarks
John C. Williams, President and Chief Executive Officer of the Federal Reserve Bank of New York |
| 9:30am-12:00pm | Session 1: Unequal Effects of Climate Change
Chair: Charles Taylor |
| 9:30am-10:15am | Surge of Inequality: How Different Neighborhoods React to Flooding
Ana Varela Varela |
| 10:15am-11:00am | Within City Disparate Temperature Effects Of Climate Change
Clara Berestycki Wolfram Schlenker |
| 11:00am-11:15am | Break |
| 11:15am-12:00pm | Unintended Consequences of “Mandatory” Flood Insurance
Kristian Blickle Joao Santos |
| 12:00pm-1:00pm | Lunch |
| 1:00pm-2:00pm | Keynote
Ben Harris, Assistant Secretary for Economic Policy |
| 2:30pm-5:00pm | Economic and Financial Stability under a Changing Climate</…….
Source: https://www.newyorkfed.org/newsevents/events/regional_outreach/2022/0609-2022 |