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Lessons Learned: Mark Van Der Weide

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Abstract

With more than two decades of continuing service at the Federal Reserve Board, Mark Van Der Weide brings a unique insider perspective on central bank policymaking before, during, and after the Global Financial Crisis (GFC), including the Fed's response to the COVID-19 pandemic in 2020. From 1998 to 2009, Van Der Weide served in the Fed's legal division. De-tailed to the Treasury Department in 2009, he helped draft the Dodd-Frank Wall Street Re-form and Consumer Protection Act of 2010. Back at the Fed in 2010, Van Der Weide served for eight years in the Division of Supervision and Regulation, where he was made deputy direc-tor, helping to implement the Dodd-Frank Act and the Basel III accord, among other policies. The Board of Governors appointed him general counsel in 2017. This "Lessons Learned" is based on an interview with Mr. Van Der Weide in September 2020.

Suggested Citation

  • Lieber, Matthew, 2022. "Lessons Learned: Mark Van Der Weide," Journal of Financial Crises, Yale Program on Financial Stability (YPFS), vol. 4(2), pages 2036-2041, April.
  • Handle: RePEc:ysm:ypfsfc:v:4:y:2022:i:2:p:2036-2041
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    File URL: https://elischolar.library.yale.edu/cgi/viewcontent.cgi?article=1382&context=journal-of-financial-crises
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    Keywords

    COVID-19 pandemic; Global Financial Crisis (GFC); supervisory authority;
    All these keywords.

    JEL classification:

    • G01 - Financial Economics - - General - - - Financial Crises
    • G28 - Financial Economics - - Financial Institutions and Services - - - Government Policy and Regulation

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