Since 2012, the Penn Program on Regulation has organized an annual Distinguished Lecture on Regulation, bringing to campus prominent government officials, legal scholars, regulatory practitioners, and business leaders, all with deep experience in regulatory law and policy, who share their insights with students, faculty, and others within the Penn Law community.
The 2023 Distinguished Lecture on Regulation will be delivered by Kara M. Stein, Board Member of the Public Company Accounting Oversight Board.
Director, Consumer Financial Protection Bureau
Former Commissioner, Federal Trade Commission
Large institutions, financial or otherwise, have been shown to repeatedly violate the law and past orders. These entities face a low probability of detection of violations and consumer abuses, and even when violations and abuses are detected, ensuing government orders rarely deter future misconduct. Instead, according to CFPB Director Rohit Chopra, big corporations view such orders as a “cost of doing business”—and American consumers are not only harmed, they also are left to subsidize corporate malfeasance. In this lecture, Director Chopra shares how the CFPB will sharpen its focus on repeat offenders in an effort to deter such behavior.
Charles Ogletree, Jr. Professor of Law, Harvard Law School
Professor of Practice and Distinguished Scholar in Residence, New York University School of Law; Former Administrator, U.S. Office of Information and Regulatory Affairs
Every day, regulations affect our lives—helping to keep roads safe, water clean, electricity running and so much more. In this lecture, Sally Katzen reflects on how these regulatory benefits are too often “hidden in plain sight.” Many people not only fail to recognize these benefits, but they disparage the very idea of regulation as costly, bothersome, and damaging to their economic interests. Professor Katzen, who served in the Clinton Administration as administrator of the Office of Information and Regulatory Affairs, and then as deputy assistant to the president for economic policy and deputy director of the National Economic Council, offers insights about why this neglect occurs, discusses its consequences, and explains what all of us can do to make regulation and regulatory benefits less hidden.
Paulette Goddard Professor of Public Service, Wagner Graduate School of Public Service, New York University
Between December 22, 2018 and January 25, 2019, the U.S. experienced the longest government shutdown in the nation’s history. For those 35 days, operations across nine executive departments were severely curtailed or ground to a halt entirely, disrupting critical federal services and diminishing public trust in government. In this lecture, however, Professor Paul C. Light sees a possible silver lining in that ordeal, and offers a vision for how the 2018-19 shutdown could inspire long-overdue reforms of the federal civil service system.
Former Administrator, U.S. Environmental Protection Agency
Gina McCarthy, who headed the U.S. Environmental Protection Agency during the second Obama Administration, reflects on efforts of the Trump Administration to roll back environmental rules and commitments such as the Clean Water Rule, the Clean Power Plan, and the Paris Agreement, and discusses the important role that states, cities, and businesses can play in sustaining environmental progress.
Partner, Gibson, Dunn & Crutcher
Associate Justice, California Supreme Court
Chairman, Administrative Conference of the United States
Vice President, Environment, Health & Safety, General Electric
Robert Walmsley University Professor, Harvard Law School
Partner, Venable LLP