On February 22, as part of the 2021-2022 Lecture Series on Race and Regulation, Brian D. Feinstein, Assistant Professor of Legal Studies & Business Ethics at Wharton, will present new research indicating that greater diversity on the regional Federal Reserve Bank boards is associated with increased lending to underbanked minority communities. In “Board Diversity Matters: An Empirical Assessment of Community Lending at Federal Reserve-Related Banks,” Feinstein will also explore what this finding implies more broadly about the significant role that government and corporate boards may play in advancing equitable policy outcomes.
A political scientist and lawyer by training, Feinstein’s research incorporates insights from the social sciences and the law. His scholarship, which has been published in the Columbia Law Review, Journal of Empirical Legal Studies, and Journal of Politics, among others, has charted connections between mortgage finance regulation and state foreclosure law, considered the impact of partisan polarization on regulatory agencies, and shed light on Congress’s use of oversight hearings as a means of influencing agency behavior.
The Race and Regulation Lecture Series is organized by the Penn Program on Regulation (PPR) and co-sponsored by the University of Pennsylvania Carey Law School’s Office of Equity and Inclusion as part of the “Achieving Racial Justice” colloquium launched in 2020. Feinstein’s lecture also is co-sponsored by the Wharton Initiative on Financial Policy and Regulation. The series examines how government regulation has contributed to racial inequities and how regulatory policy changes can help dismantle racist structures in society.
Other lecturers slated for the spring are as follows:
March 1 – Olatunde C.A. Johnson, Jerome B. Sherman Professor of Law, Columbia Law School: “Vaccination Equity by Design (with Lessons for Designing Equitable Housing, Transportation, and Education Policy)”
March 23 – Ming Hsu Chen, Visiting Professor of Law, UC Hastings College of Law: “Race, Immigration, and Political Inequality”
- April 5 – Daniel E. Ho, William Benjamin Scott and Luna M. Scott Professor of Law and Professor of Political Science, Stanford Law School: “Administrative Law’s Racial Blind Spot”
Feinstein’s lecture will be held via Zoom from 5:00 to 6:00 p.m. ET. All Race and Regulation lectures are free and open to the public.