Ed Royce
Showing 1–2 of 2 transcripts.
- Milken Institute56 min
Global Overview: Navigating a World in Transition
Gillian Tett, Thomas Barrack, Lord Mandelson, Hiro Mizuno, Ed Royce, Peter Mandelson, Bill Hanway, Richard Blum
Global leaders Tom Barrack, Lord Mandelson, and Ed Royce convened to analyze existential threats including systemic cyber vulnerability, nuclear proliferation, and political fragmentation eroding the post-WWII order. Panelist Hiro Mizuno and others highlighted divergent strategies ranging from "dynamite diplomacy" to target rule violators against calls for systemic reform, while also noting a historic pivot in the Japanese pension fund away from government bonds toward global equities. The discussion culminated in a focus on legislative countermeasures like the BUILD Act and new African development initiatives to counter China's predatory trade models and mitigate long-term human capital failures.
- Milken Institute1h 0m
How to Restart the Private Market for Mortgage Credit
Ed DeMarco, Lindsey Johnson, Stanford Kurland, Ed Royce, Bryan Whalen, Stan Curlin
The Federal Housing Finance Agency and Treasury Department are actively accelerating Credit Risk Transfer initiatives to move approximately $5 trillion in mortgage credit risk from government-backed balance sheets to private capital markets. Despite significant growth in volume and investor participation from asset managers and hedge funds, the market faces structural challenges including liquidity constraints, regulatory barriers for banks, and a lack of data standardization that hinders small lender access. Industry stakeholders advocate for legislative reforms to broaden the investor base, expand reinsurance mechanisms, and standardize loan-level data to fully revive the private label securities market and ensure long-term financial stability.