Huge huge thanks to
@SECGov Chair Paul Atkins,
@FDICgov Acting Chair Travis Hill, and
@federalreserve Board Governor Waller for joining me on stage for the first day of
#DCFintechWeek 2025.
Each year, the sector’s leaders around the world--from TradFi to DeFi to AI--bring their best ideas, questions, and visions for what’s next. The conference has grown over the last 8 years, as has the conversation.
In years past, the notes from our regulators often reflected caution, introspection, and the weight of lessons learned. This year, however, there was a new focus—a shared conviction that whether it be the long decline in IPOs or the years long decline in new banks, energy and focus must be brought to bear on reigniting capital and economic activity. And that technology, paired with enabling regulation, can help us get there.
There was, remarkably, also a very clear-eyed recognition that the road ahead would not always be smooth. Legacy firms will be disrupted. Some technologies will falter. Rules may not always keep pace. Yet amid the realism was something just as powerful—a unified belief that the cost of inaction is certain: less innovation, less investment, less access to capital, and slower growth.
The take was a reminder that even for regulators, building the future of finance is not about avoiding risk, but about meeting it with courage, collaboration, and creativity. Time will tell how that optimism fares in a world of economic change, but hopefully its core spirit—of openness, innovation, and ambition—finds a lasting home in our regulatory DNA.