Emily McCormick
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ehmccormick.bsky.social
Emily McCormick
@ehmccormick.bsky.social
VP of Editorial & Research at Bank Director. Thoughts are my own.
Banking/Finance/Fintech
Free time: Books/Music/Crafty Things
Pinned
Bank Director/FinXTech is hiring a banking and fintech editor! DM if you have questions about the role. (Note: I’m not the EIC but would be your potential colleague on the editorial team.)
Readers: What was the best book you read in August?
September 1, 2025 at 7:27 PM
Live footage of me turning in my latest article for Bank Director magazine.
a man in a white shirt and blue jeans is dancing on a stage
ALT: a man in a white shirt and blue jeans is dancing on a stage
media.tenor.com
August 1, 2025 at 8:27 PM
Bank Director/FinXTech is hiring a banking and fintech editor! DM if you have questions about the role. (Note: I’m not the EIC but would be your potential colleague on the editorial team.)
July 21, 2025 at 11:26 PM
We don’t talk often enough about the after effects of large natural disasters — hurricanes, fires, floods. How long it takes to rebuild, whether people want or can rebuild, and how many people are displaced.
npr.org NPR @npr.org · Jun 1
Hurricanes have gotten larger and wetter because of climate change and inland communities are at greater risk from heavy flooding. That's what Hurricane Helene did to western North Carolina last year.
North Carolina had a housing crisis before Hurricane Helene; now it's even worse
Hurricanes have gotten larger and wetter because of climate change and inland communities are at greater risk from heavy flooding. That's what Hurricane Helene did to western North Carolina last year.
n.pr
June 1, 2025 at 3:29 PM
What have you read and enjoyed recently?

I read some strong nonfiction in May, including Careless People by Sarah Wynn-Williams and The Dark Queens by Shelley Puhak.
June 1, 2025 at 3:23 PM
Reposted by Emily McCormick
Don’t sleep on this
NEW: The Trump administration's fiscal year 2026 budget request's appendix says with no details: "The President's Budget proposes to reorganize the Bureau of Labor Statistics, Bureau of Economic Analysis, and the Census Bureau at the Department of Commerce"
www.documentcloud.org/documents/25...
May 31, 2025 at 2:25 PM
Reposted by Emily McCormick
Some thoughts on Trump's EO re "disparate impact" and its impact on financial services.
www.joshualawfirm.com/2025/04/trum...
Making Redlining Great Again - Joshua Law Firm LLC
President Trump's latest executive order asserting that the "disparate impact" theory of liability under non-discrimintation laws may not have its intended effect.
www.joshualawfirm.com
April 24, 2025 at 3:42 PM
Latest issue of Bank Director is up and explores:
*What Trump 2.0 means for bank regulation
*The SoCal fires and the state of the insurance industry
*Why a bank director’s job is now tougher
*Why cybersecurity and fraud are top of mind in our 2025 Risk Survey

www.bankdirector.com/magazine/2nd...
April 9, 2025 at 2:49 PM
Reposted by Emily McCormick
Jamie Dimon said JPMorgan will scale back spending on some diversity initiatives that he sees as a waste of money, while he also reiterated the bank’s commitment to working with Black, Hispanic and LGBTQ communities

🎁Gift Link: www.bloomberg.com/news/article...
Dimon Says He’d Be Cutting ‘Stupid’ DEI Costs Even Without Trump
Jamie Dimon said JPMorgan Chase & Co. will scale back spending on some diversity initiatives that he sees as a waste of money, while he also reiterated the bank’s commitment to working with Black,...
www.bloomberg.com
February 13, 2025 at 4:42 PM
🚨🚨🚨
“If a married woman hasn’t paid $130 to update her passport —assuming she has one, which only about half of Americans do— she may not be able to vote in the next election if the SAVE Act becomes law,” @wendyweiser.bsky.social tells Glamour
The SAVE Act Could Stop Millions of Women From Voting. Here’s What You Need to Know
The bill would make it harder for women, people of color, young voters, and other marginalized groups to register to vote.
www.glamour.com
February 13, 2025 at 3:02 AM
Someone just turned in her latest story for Bank Director magazine. (It’s me.)
a woman with white hair is standing in a circle
ALT: a woman with white hair is standing in a circle
media.tenor.com
February 12, 2025 at 9:22 PM
Reposted by Emily McCormick
Capital Economics: “The resulting surge in US inflation from these tariffs and other future measures is going to come even faster and be larger than we initially expected…The window for the Fed to resume cutting interest rates at any point over the next 12 to 18 months just slammed shut.”
February 2, 2025 at 2:04 AM
I don’t believe this analysis includes now likely retaliatory actions — so I’d posit negative effects would be worse than projected here.
Imposing 25% tariffs on Canada & Mexico, & a 10% tariff on China would harm all four economies—including the US. GDP would be lower & inflation higher than otherwise in each country.
Learn more: www.piie.com/blogs/realti...
February 2, 2025 at 5:47 AM
Sharing my January 2025 reads (from @thestorygraph.com) — topping the list were How to Sell a Haunted House, My Darling Dreadful Thing and Orbital.
What are you reading now?
February 2, 2025 at 2:27 AM
We’ve kicked off Acquire or Be Acquired! #AOBA25 KBW’s Tom Michaud is providing an industry update — says we’re in the next M&A wave and believes banking has turned a corner.
January 26, 2025 at 3:14 PM
The latest issue of Bank Director magazine is out now — with my cover story on the seven deadly sins of bank boards! I spent time wading through material loss reviews and talking to seasoned bank leaders for this piece. Check it out at BankDirector.com (subscription needed).
January 8, 2025 at 2:48 PM
Best Reads of 2024
Fiction + Non-Fiction
*Note, this is the best I read this year, not based on when it was published.

What’s on your list?
December 30, 2024 at 6:37 PM
Reposted by Emily McCormick
As the planet warms, insurance companies are dropping homeowners in communities they deem too dangerous because of wildfires, hurricanes and other threats. Now, for the first time, the scale of that pullback is becoming public. nyti.ms/41EOpNc
December 18, 2024 at 7:35 PM
Reposted by Emily McCormick
Two words dominated @federalreserve Chairman Powell’s comments today. “Uncertainty & Caution.”

The Fed reluctantly cut, with a significant amount of push back in the meeting. Dissent from @ClevelandFed Prez was not done in a vacuum. Three participants were with her.
December 18, 2024 at 11:26 PM
When I say this looks exactly like my high school band uniform …
December 15, 2024 at 12:45 AM
In addition to the toll on people, environmental damage: “The economic damage caused by extreme weather is rising, according to … Swiss Re. … estimated economic losses in 2024 rose by 6% to $320bn, a figure 25% higher than the average over the previous 10 years.”
December 9, 2024 at 3:30 AM
What’re you reading?

Me 👇
December 9, 2024 at 3:07 AM
Bank leaders don’t like credit unions buying banks, according to Bank Director's 2025 Bank M&A Survey — until it’s time to sell.

An uptick in these deals has largely been driven by price. Uncover the reality behind these transactions: www.bankdirector.com/article/coul...
Could 2025 Bring More Credit Union Deals?
Banks broadly oppose credit union acquisitions of other banks, but these deals are popular nonetheless. As the M&A environment improves, could more credit unions be among the buyers?
www.bankdirector.com
December 6, 2024 at 3:11 PM
TOMORROW: Gain insights on bank M&A from two seasoned dealmakers!

Jim Ryan of Old National Bank + Randy Chesler of Glacier Bancorp will join me to discuss their recent experiences, lessons learned + their expectations for 2025. vimeo.com/event/459127...
December 2, 2024 at 10:19 PM
Reposted by Emily McCormick
NEW: President-elect Trump has about everything going for him lately, except this: Mortgage rates are back at ~7%

Trump vowed to lower mortgage rates and housing costs.

That's going to be tough if the bond markets keeps thinking his agenda is inflationary...
www.washingtonpost.com/opinions/202...
November 20, 2024 at 6:10 PM