Kim Schoenholtz

Kim Schoenholtz is Clinical Professor Emeritus in the Economics Department of NYU Stern School of Business, where he taught courses on money and banking and macroeconomics and directed the Stern Center for Global Economy and Business. Schoenholtz is the co-author of a popular textbook on money, banking and financial markets and of a blog on the same topic at www.moneyandbanking.com. Prior to his academic career, Schoenholtz  served as the global chief economist at Citigroup and as the chief economist at Salomon Brothers and at Salomon Smith Barney. Schoenholtz is a member of the Council on Foreign Relations. Previously, he was a panelist of the U.S. Monetary Policy Forum and served on the Financial Research Advisory Committee of the U.S. Treasury’s Office of Financial Research. Schoenholtz received an M.Phil. in economics from Yale University and an A.B. from Brown University.

The Key Policy Lessons of SVB

Looking back at the March 2023 collapse of Silicon Valley Bank and the subsequent banking crisis, Stephen G. Cecchetti and Kermit L. Schoenholtz highlight two lessons that should guide the reform of bank regulation.

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