UVA’s Miller Center of Public Affairs is hosting The New Financial Architecture: A Global Summit today and tomorrow marking the inaugural Mortimer Caplin Conference on the World Economy.
Former U.S. Treasury Secretary John Snow convenes the summit, which is intented to bring international financial leaders together to address the changes in the global market. In the two-day event, former finance ministers from Europe, Asia, South America and the Middle East will discuss the current credit crisis, new financial regulations, and the global economy.
As C-VILLE previously reported, the summit is scheduled a month prior to the fall meetings of the World Bank and International Monetary Fund. At its conclusion, foreign delegates will issue a joint statement that addresses the global economic crisis and offers ways to correct it.
The summit occurs just a day after the U.S. Treasury announced it took control of the financial giants Fannie Mae and Freddie Mac.
You can watch the summit live at www.millercenter.org.
John W. Snow served as U.S. Secretary of the Treasury from 2003 to 2006 under the Bush Administration. UVA’s Miller Center of Public Affairs named Snow as its Newman Visiting Fellow in August 2007.
