June 17, 2015

Financing the Future: The Role of the Financial System in Fostering Economic Growth

Hester Peirce

Former Senior Research Fellow

J. W. Verret

Senior Affiliated Scholar

Stephen Matteo Miller

Senior Research Fellow

A well-functioning financial system is a key ingredient in a well-functioning economy. Whether an existing company wants to bring a new product to market or a new company wants to compete with an existing company, access to funding is essential. Financial regulation can encourage or inhibit financial markets’ ability to provide the financial products and services necessary to support a vigorous, dynamic economy. A well-designed regulatory system enables the financial system to work efficiently, effectively, and creatively to support economic prosperity.

Experts discussed how well the financial system is serving entrepreneurs, businesses, and the American people.