Jeremy Kress is an assistant professor of Business Law at the University of Michigan. Before entering academia, he was an attorney in the banking regulation and policy group at the Federal Reserve Board of Governors in Washington, D.C.
President Joe Biden signed a sweeping executive order on July 9, 2021, that aims to increase competition throughout the U.S. economy. In one of the order’s most significant provisions, he directed federal regulators to strengthen oversight of bank mergers. As a former Federal Reserve attorney who is now a business law professor, I share Biden’s concern that widespread bank consolidation has […]
