Media advisory: Finance professor to testify before U.S. Senate banking committee

LAWRENCE — University of Kansas finance professor Bob DeYoung will speak today before the U.S. Senate Committee on Banking, Housing and Urban Affairs subcommittee on Financial Institutions and Consumer Protections.

His remarks are part of a hearing titled “What Makes a Bank Systemically Important?” and are scheduled to begin at 9 a.m. CST today, July 16.

DeYoung will provide testimony based on his research in commercial banking as well as how regulators can address sources of systemic risk under the Dodd-Frank Wall Street Reform and Consumer Protection Act.

DeYoung was invited to testify by U.S. Sen. Sherrod Brown, chairman of the subcommittee.

DeYoung is the Capitol Federal Distinguished Professor in Financial Markets and Institutions at the KU School of Business. He serves as co-editor of the Journal of Money, Credit and Banking.

He directs KU’s Center of Banking Excellence, and he is a leading scholar on performance, practice and regulation in the banking industry.

Media inquires can be sent to Austin Falley at 785-864-3852.