Tom Hoenig

In this insightful discussion, Tom Hoenig, an esteemed economist and former vice chairman of the FDIC, dives into the theme of transparency. He shares valuable experiences from his time at the Federal Reserve, emphasizing its critical role during organizational change. The conversation explores how honesty builds public trust, the challenges of transparency in decision-making, and the balance of power in governance. Hoenig argues that genuine transparency fosters accountability, creating a stronger relationship between institutions and the public.