Professor @ColumbiaLaw. Author, DIRECT @HarperBusiness. Research explores the Fed, banking and other forms of intermediation. Mom of two.

New York, NY
Joined August 2019
I'm looking forward to testifying tomorrow. The Federal Home Loan Banks are some of the most systemically significant and least understood financial institutions in the country. It's great to see them getting some attention. financialservices.house.gov/…
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Will today be the day we hear from SCOTUS on when a president can fire a Fed Governor?
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"[T]he observed positive association between food insecurity and overall consumer pessimism, together with the increase in the incidence of food insecurity... point to a potential explanation for the unusually low recent levels of consumer sentiment..." libertystreeteconomics.newyo…
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As Kevin Warsh takes the helm at the Fed, BWC Member @ProfKateJudge and Mickey D. Levy make the case in @WSJ for why the 12 regional Federal Reserve Banks are essential to central bank independence, accountability, and credibility. Read the full piece: wsj.com/opinion/a-key-to-fed…
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Guys…I wrote a book. If you like my work to pull back the curtain on how companies like Google, Delta, Instacart, & more are deploying new technologies to empty your wallet, then you’re not going to want to miss it. This book will send shivers down CEOs’ spines. The mere mention of this book has already caused at least one K-Street lobbyist to blurt out “Oh shit!” in polite company. It is deeply researched, indignant, but also hopeful. And I think you’re really going to like it. Preorder it now (link below) so you don’t miss it in September.
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From @WSJopinion: A key to the Fed’s independence is its 12 regional banks. Kevin Warsh should appreciate the benefits of the central bank’s federalist structure, write @ProfKateJudge and Mickey D. Levy on.wsj.com/4389izR
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A core question as Warsh takes the helm is whether the Fed can remain independent of the president. One of the most important leading indicators may be how Warsh approaches the Reserve Banks. In today's WSJ, Mickey Levy and I explain why.
A key to the Fed’s independence is its 12 regional banks. Kevin Warsh should appreciate the benefits of the central bank’s federalist structure, write @ProfKateJudge and Mickey D. Levy on.wsj.com/4wCeREv
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Yesterday, I had the great honour to deliver the 5th Charles Goodhart lecture @FMG_LSE. Charles has left his intellectual footprint on many of us, and my speech was intended to honour his legacy. 1/15
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Kate Judge retweeted
Powell today: "After my term as chair ends on May 15, I will continue to serve as a governor for a period of time to be determined. .. I had long planned to be retiring. And the things that have happened in really, the last 3 months have, I think, left me no choice but to stay.."
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“That’s the appropriate legal understanding.” NEC Director Kevin Hassett tells Bloomberg’s @SalehaMohsin he agrees with Fed Chair Jay Powell’s view that the law “calls for” him to stay on as the Fed’s acting leader if a successor isn’t confirmed by May 15.
White House National Economic Council Director Kevin Hassett says he supports Federal Reserve Chair Jerome Powell’s plan to stay on at the central bank’s helm on a temporary basis if a successor hasn’t been confirmed by the Senate bloom.bg/4cL4ncL
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This is bad news for banks and bad news for the economy. Requiring proof of citizenship makes it harder for anyone--including US citizens--to access banking services. Creating barriers to financial inclusion is just bad policy. bloomberg.com/news/articles/…
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Meanwhile, the same administration is rolling back bank supervision -- the single best tool the government has for identifying and addressing deficiencies in banks' capacity to address cyber risks
EXCLUSIVE: Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell summoned Wall Street leaders to an urgent meeting on concerns that the latest AI model from Anthropic will usher in an era of greater cyber risk. bloomberg.com/news/articles/…
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Kate Judge retweeted
As a Michigan sports fan, I feel like I’m stumbling through a surreal fever dream. It’s as if the universe has been transformed into some sort of simulation designed to see how much pleasure one man can tolerate. It wasn’t enough to win two national titles in the two major sports in such short succession. Somehow the championships were won in a manner that exacted maximum rage from rival fanbases. It’s one thing to just win a vanilla championship that fades with time only to be one of many footnotes of a bygone era. It’s another to have your successes cemented in the heads of so many haters, whose anger only serves to reanimate the legacy over and over again. Gore Vidal once said “it’s not enough to win, others must lose” and my petty ass wishes we could turn that into a maize and blue banner to hang in the rafters. Hail hail to Michigan and also to the haters.
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Kate Judge retweeted
Congratulations to @CoachDustyMay, Elliot Cadeau, and @UMichBBall on winning their first title since 1989! This team dominated the tournament from start to finish. Well deserved. Go Blue!
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