Title

Race and Regulation Podcast Episode 9 - Board Diversity and Community Lending

Authors

Brian D. Feinstein, University of Pennsylvania

Document Type

Article

Publication Date

8-17-2022

Abstract

The racial wealth gap in the U.S. is driven in part by a lack of access to credit among communities of color. But as Brian D. Feinstein of the Wharton School relays in this episode, new empirical research indicates that increasing the level of diversity on regional Federal Reserve Bank boards improves credit access for underbanked minority communities. He draws out the major implications of this research not only for narrowing the racial wealth gap, but for understanding the role that diversity in institutional leadership, including on corporate boards, can play in advancing racial equity more broadly.

Comments

Hosted by Cary Coglianese, Director of the Penn Program on Regulation.

Produced by Patty McMahon

Music by Joy Ike

Recommended Citation

Feinstein, Brian D., "Race and Regulation Podcast Episode 9 - Board Diversity and Community Lending" (2022). Penn Program on Regulation Podcasts. 3.
https://scholarship.law.upenn.edu/ppr-podcasts/3