U.S. Treasury's recent study reveals anti-competitive labor practices depressing wages amidst COVID-era 'tight labor market' narrative. Biden Administration proposes reforms in response to "The State of Labor Market Competition." Research by Maryland Smith's Evan Starr cited, highlighting detrimental impacts of noncompete and nondisclosure agreements on workers. Insightful testimony informs legislative action.

Maryland Smith finance professor Clifford Rossi has been selected by the Food and Drug Administration to serve on its Pharmaceutical Science and Clinical Pharmacology Advisory Committee.

Maryland Smith’s Pat McNamee has been reappointed to the Federal Accounting Standards Advisory Board, for a second five-year term, which began on Jan. 1 of this year.

Financial institutions should be accounting for climate change, but risk models currently are insufficient for regulators to mandate climate stress testing or capital requirements, Maryland Smith’s Clifford Rossi said this week, speaking to the Subcommittee on Consumer Protection and Financial Institutions in the U.S. House of Representatives.