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Larry White

Robert Cavish Professor of Economics at NYU's Stern School of Business, former chair of the economics department, and former member of the Federal Home Loan Bank Board. He has also served as a senior advisor in the President's Council of Economic Advisors and as Director of Economic Policy Office at the Antitrust Division of the U.S. Justice Department.

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Sep 4, 2024 • 34min

Challenges and Opportunities in Banking Today: An Economist’s Perspective

Larry White, a prominent economist and NYU professor, shares insights on the banking industry's complex landscape. He discusses the pressing challenges posed by commercial real estate loans and the potential repercussions for community banks. The conversation shifts to the Federal Reserve's balancing act with inflation, highlighting its nuanced effects across different socioeconomic groups. Finally, White examines how AI is reshaping financial services, addressing both its transformative potential and the risks posed by malicious use, underscoring the need for robust regulatory oversight.