Episode 340: Good Policy, Good Banking

The novel coronavirus isn’t just a health pandemic, it is highlighting critical social and economic issues. Nowhere is this more apparent than the paycheck protection program. Today on the show we talk about lessons learned from the last crisis, some of the lessons we should have learned but haven’t and how banks, fintechs, and regulators are responding. We have 4 guests today - Zach Warmbrodt, Financial Services Reporter for Politico talking about his view from Washington, Jill Castilla, CEO of Citizens Bank of Edmond and Brandon Dewitt, CTO & Co-founder of MX talking about their partnership to help main street and last, Patrick Davis, of Community Reinvestment Fund - a non-profit that acts like a fintech to bring lending to underserved communities. Air Date: Thursday, June 4, 2020 Air Time: 3:00 PM ET Headline: Good Policy, Good Banking Summary: The novel coronavirus isn’t just a health pandemic, it is highlighting critical social and economic issues. Nowhere is this more apparent than the paycheck protection program. Today on the show we talk about lessons learned from the last crisis, some of the lessons we should have learned but haven’t and how banks, fintechs, and regulators are responding. We have 4 guests today - Zach Warmbrodt, Financial Services Reporter for Politico talking about his view from Washington, Jill Castilla, CEO of Citizens Bank of Edmond and Brandon Dewitt, Co-founder & CTO of MX talking about their partnership to help mains street and last, Patrick Davis, of Community Reinvestment Fund - a non-profit that acts like a fintech to bring lending to underserved communities.  Show Sponsors:HarrysJack Henry & AssociatesShippo Alpharank Show Hosts:Brett KingJason Henrichs Show Guests:Zachary WarmbrodtJill CastillaBrandon DewittPatrick Davis TOPICS DISCUSSED: [2:20] Zachary Warmbrodt says banks have fared better during the COVID-19 crisis than in 2008 during the recession.  [4:55] Could the level of inequality we are experiencing in the United States right now lead to a revolution? Will the Feder