William D. O'Connell

2

Articles

0

Comments
The Federal Deposit Insurance Corporation is the agency responsible for protecting deposits and administering bank insolvencies in the U.S. Its headquarters are seen in Washington, D.C., in March 2023. (AP Photo/Manuel Balce Ceneta)

Why weakening U.S. bank regulators could repeat the mistakes of the 2008 financial crisis

William D. O'Connell, Columbia University

The targeting of the FDIC could dangerously erode its ability to manage financial crises, like the one that occurred in 2008.
Crypto trading platforms Celsius and Voyager filed for bankruptcy in July 2022, suspending all withdrawals, swaps and transfers between accounts and leaving users’ assets trapped inside their platforms. (Shutterstock)

Crypto platforms say they’re exchanges, but they’re more like banks

William D. O'Connell, Columbia University

Because cryptocurrency exchange platforms act more like banks, they should be subject to increased oversight to protect clients’ assets.

Contact William for

  • General
  • Media request
  • Speaking request
  • Consulting / Advising
  • Research collaboration