Banker Roundtable Discussion
The Plan for Economic Growth and Jobs
The Office of the Comptroller of the Currency (OCC), the Federal Reserve Bank of Chicago, and the Federal Deposit Insurance Corporation (FDIC) convened a Banker Roundtable for banks and thrifts in the Chicago MSA. The purpose of the Banker Roundtable highlighted discussion and the implications for banks of the Plan for Economic Growth and Jobs recently published by World Business Chicago.
The Plan for Economic Growth and Jobs is intended to direct a discussion about how to make the most of the city’s and the region’s existing assets, and how to foster the new assets needed to flourish in the economy of the future. The Plan provides a clear set of goals for economic growth, an overarching framework for research and analysis, and an initial set of action strategies.
Given the Plan’s ambitious goals, the regulatory agencies decided to convene a discussion with key financial institution representatives of the plan’s analysis of the region’s assets and its recommendations for growth. Special consideration will be given to the assets and opportunities for growth of low- and moderate-income communities and the role financial institutions play in the development of those assets.
Last Updated: 07/02/2012