Banking and Financial Services Issues

This page offers an easy way for policymakers to access banking and financial services research and analysis that is relevant to current Congressional agendas. For additional information, to request documents, or to arrange a briefing, contact the RAND Office of Congressional Relations at ocr@rand.org or (703) 413-1100 x5643.

Recent Findings

  • Black couple holding sold sign sitting on porch of a house, photo by valentinrussanov/Getty Images

    Commentary

    To Help African Americans Gain Generational Wealth, Look to the Housing Market

    African American families have significantly less wealth than White families, even after reaching the middle class. Home ownership is, for the vast majority of Americans, the primary vehicle for accruing wealth, and passing it down through generations. This is a crucial time for policymakers to consider policies that focus on improving home ownership rates for African Americans.

    Dec 7, 2022

  • Illustrations of a black man and a tree representing wealth, illustration by Pete Soriano, from Atlas Illustrations and dar/Adobe Stock

    Report

    Overcoming Compound Racial Inequity

    Differences in Black and white Americans' economic status show how the harms of the past—slavery, segregation, discrimination—live on in the present. Could wealth allocations help to close the racial wealth gap?

    Dec 7, 2022

  • Illustrations of a black woman and a tree representing wealth, illustration by Pete Soriano, from Atlas Illustrations and dar/Adobe Stock

    Report

    Accounting for Black-White Wealth Differences

    Wealth accumulation is not solely determined by a person's choices and ability. Many factors affect individual wealth, including parental income, credit, and systemic discrimination. These factors have a cumulative effect and can lead to persistent disparities over generations.

    Dec 7, 2022

  • Illustrations of a black woman and a tree representing wealth, illustration by Pete Soriano, from Atlas Illustrations and dar/Adobe Stock

    Report

    Examining the Loss of Wealth and Downward Mobility of African Americans

    Black children who grow up in middle-class households are less likely than white children who grow up in middle-class households to replicate their parents' socioeconomic status. What key factors contribute to this disparity?

    Dec 7, 2022

  • Asian senior man and woman at the beach at sunrise, photo by glowonconcept/Getty Images

    Report

    Americans' Spending Declines Consistently After Age 65

    Americans' personal spending drops consistently after age 65, both among the affluent and those with lower levels of financial resources. The findings contradict traditional wisdom that spending will be constant or even increase during older age, and suggests that individuals and couples could spend more early in retirement.

    Dec 7, 2022

More Research on Banking and Finance

Briefings

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Alerts & Newsletters

RAND periodically sends email alerts to update Congress on highlights of recent work concerning banking and financial services.

  • Web access

    In Case You Missed It: Data Thieves

    In 2017, there were more than one thousand data breaches exposing over a billion records of sensitive data. What's happening to stolen data and how is it being monetized? Lillian Ablon addresses these concerns.

    Mar 22, 2018

  • Hands typing with visual of computer code

    In Case You Missed It: Equifax and the Data-Breach Era

    There has been a recent string of large-scale data breaches that have compromised the private information of millions of customers. Lillian Ablon and Sina Beaghley briefed Congressional staff on how the government and breached companies can better protect victims.

    Nov 13, 2017

  • An image of one of the original World Trade Center Towers is displayed in the window

    Should TRIA Continue Or Be Allowed to Expire?

    Since the Terrorism Risk Insurance Act (TRIA) was reauthorized in 2007, terrorism insurance has remained widely available and the price has fallen. With TRIA set to expire in December, however, it is unclear whether improvements in the market since TRIA was first passed in 2002 can be sustained without it.

    Sep 15, 2014

  • Person filling out a work injury claims form

    Expiration of TRIA Could Prove Costly for Workers' Compensation Markets, Businesses, and States

    Policy debates over extending the Terrorism Risk Insurance Act have focused mainly on property insurance, yet certain institutional features of workers' compensation markets could cause the act's expiration to have very different consequences.

    May 9, 2014

  • New York City firefighters pour water on the wreckage of 7 World Trade Center in Sept. 2001

    New Study: Extending TRIA Could Lower Federal Costs

    The Terrorism Risk Insurance Act will expire at the end of this year and Congress is considering the appropriate government role in terrorism insurance markets. In a terrorist attack with losses up to $50 billion, the federal government would spend more helping to cover losses than if it had continued to support a national terrorism risk insurance program.

    Apr 16, 2014

  • RAND.org's Redesign: New Homepage and Navigation Optimization for All Devices

    RAND.org has been reimagined to make high quality research and insights more accessible to Hill staff like you. The new homepage and updated navigation optimize content delivery for your preferred device and place our most timely content at your fingertips.

    Mar 20, 2014

  • A group of firefighters walk amid rubble near the base of the destroyed World Trade Center in New York on September 11, 2001

    Expiration of Terrorism Risk Insurance Act Could Impact National Security

    The current terrorism risk insurance act will expire in 2014 and Congress again is considering the appropriate government role in terrorism insurance markets. If the act expires and the take-up rate for terrorism insurance falls, then the U.S. would be less resilient to future terrorist attacks.

    Mar 12, 2014

Briefs

More Research on Banking and Finance