In conjunction with the Sloan Finance and Policy Club, the Center led approximately 20 graduate students on a trek of Washington, D.C. on March 10 to tour a few of the most important agencies at the intersection of government and finance. The objective of the trip was to show [...]

Federal credit program managers and other subject area experts from government, industry, and academia took part in a recent conference co-sponsored by the MIT Golub Center for Finance and Policy […]

Sovereign Development Funds’ (SDFs) dual mandate of pursuing financial or commercial objectives alongside long-term strategic and developments goals presents several challenges. First, SDFs must identify why [...]

The U.S. government’s ubiquitous role providing credit—mostly to students and homeowners—in the post-financial crisis economy is unmistakable but the ultimate costs to taxpayers can be far from obvious. While nearly all of the deliberation and debate about the price of extending government credit is...

The advent of mandatory central clearing for certain types of over-the-counter derivatives and margin requirements for others means that margin is the most important mitigation mechanism for many [...]

The White House released the President’s budget proposal for fiscal year 2019 on February 12, just days after President Trump signed a bill extending spending caps for military and domestic spending and suspending the debt ceiling. While the new law has already...

The MIT Golub Center for Finance and Policy will distribute a prize pool of $20,000 to the winners.

While Congress and the Administration wrestle with a massive $2 trillion response and many suggest expansive new loan programs, the simple way forward is to [...]

It is with great pleasure that I transition to my new role as the inaugural executive director of MIT’s Center for Finance and Policy (CFP). As someone who has focused on government financial institutions for many years, I welcome this new beginning as a chance to direct sunlight towards a unique se...

On July 1, 2016, the U.S. territory, which has been mired in a years-long debt crisis, failed to make good on $2 billion of bond payments due, triggering the worst default in its history. Puerto Rico’s governor Alejandro García Padilla has defended the decision to skip the full payment, emphasizing ...