Hester Peirce
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Former Senior Research Fellow
Hester Peirce was a senior research fellow from 2012-2018. She departed Mercatus to serve on the U.S. Securities and Exchange Commission and was sworn in on January 11, 2018.
Before joining Mercatus, Peirce served on Senator Richard Shelby’s staff on the Senate Committee on Banking, Housing, and Urban Affairs. In that position, she worked on financial regulatory reform following the financial crisis of 2008 as well as oversight of the regulatory implementation of the Dodd-Frank Act.
Peirce served at the Securities and Exchange Commission as a staff attorney and as counsel to Commissioner Paul S. Atkins. Before that, she clerked for Judge Roger B. Andewelt on the Court of Federal Claims and was an associate at a Washington, DC law firm.
Hester Peirce earned her BA in economics from Case Western Reserve University and her JD from Yale Law School.
Latest Work
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
Finance Is in the midst of a Regulatory Reform Quilting Bee
- | Financial Markets Financial Markets
- | Mercatus Original Video Mercatus Original Video
Reframing Dodd-Frank: Hester Peirce’s Ideas for Reform
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
Eliminating Dodd-Frank's Overrated Escape Hatch
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
Rethinking Regulatory Framework
- | Financial Markets Financial Markets
- | Federal Testimonies Federal Testimonies
Reforming the Financial System So It Works for the Rest of the System
- | Government Spending Government Spending
- | Public Interest Comments Public Interest Comments
Response to Presidential Memorandum on Fiduciary Duty Rule
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
It's Springtime in Washington, and Regulatory Reform Blossoms
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
The OCC's Unimaginative Approach to Innovation
- | Financial Markets Financial Markets
- | Book Chapters Book Chapters
Reforming the Financial Regulators
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
Clearing, Recovering, and Resolving
Latest Work
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
Finance Is in the midst of a Regulatory Reform Quilting Bee
- | Financial Markets Financial Markets
- | Mercatus Original Video Mercatus Original Video
Reframing Dodd-Frank: Hester Peirce’s Ideas for Reform
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
Eliminating Dodd-Frank's Overrated Escape Hatch
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
Rethinking Regulatory Framework
- | Financial Markets Financial Markets
- | Federal Testimonies Federal Testimonies
Reforming the Financial System So It Works for the Rest of the System
- | Government Spending Government Spending
- | Public Interest Comments Public Interest Comments
Response to Presidential Memorandum on Fiduciary Duty Rule
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
It's Springtime in Washington, and Regulatory Reform Blossoms
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
The OCC's Unimaginative Approach to Innovation
- | Financial Markets Financial Markets
- | Book Chapters Book Chapters
Reforming the Financial Regulators
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
Clearing, Recovering, and Resolving
Latest Work
- | Financial Markets Financial Markets
- | Book Chapters Book Chapters
Reforming the Financial Regulators
- | Financial Markets Financial Markets
- | Research Papers Research Papers
Revisiting Dodd-Frank
- | Financial Markets Financial Markets
- | Books Books
Reframing Financial Regulation
- | Financial Markets Financial Markets
- | Book Chapters Book Chapters
Gaining and Shedding Dodd-Frank’s Systemically Important Financial Institution (SIFI) Label
- | Financial Markets Financial Markets
- | Journal Articles Journal Articles
Derivatives Clearinghouses: Clearing the Way to Failure
- | Financial Markets Financial Markets
- | Book Chapters Book Chapters
Title V and the Creeping Federalization of Insurance Regulation
- | Financial Markets Financial Markets
- | Data Visualizations Data Visualizations
Small Banks by the Numbers, 2000–2014
- | Financial Markets Financial Markets
- | Working Papers Working Papers
The Financial Industry Regulatory Authority: Not Self-Regulation after All
- | Financial Markets Financial Markets
- | Working Papers Working Papers
Regulating through the Back Door at the Commodity Futures Trading Commission
- | Financial Markets Financial Markets
- | Policy Briefs Policy Briefs
How Proxy Advisory Services Became So Powerful
Latest Work
- | Financial Markets Financial Markets
- | Federal Testimonies Federal Testimonies
Reforming the Financial System So It Works for the Rest of the System
- | Government Spending Government Spending
- | Public Interest Comments Public Interest Comments
Response to Presidential Memorandum on Fiduciary Duty Rule
- | Financial Markets Financial Markets
- | Public Interest Comments Public Interest Comments
Response to OCC White Paper Exploring Special Purpose National Bank Charters for Fintech Companies
- | Financial Markets Financial Markets
- | Federal Testimonies Federal Testimonies
Statement of Hester Maria Peirce
- | Financial Markets Financial Markets
- | Federal Testimonies Federal Testimonies
Examining Legislative Proposals to Preserve Consumer Choice and Financial Independence
- | Financial Markets Financial Markets
- | Federal Testimonies Federal Testimonies
The Dodd-Frank Act and Regulatory Overreach
- | Academic & Student Programs Academic & Student Programs
- | Financial Markets Financial Markets
- | Public Interest Comments Public Interest Comments
Letter to FINRA on the Rule Proposal to Implement the Comprehensive Automated Risk Data System
- | Financial Markets Financial Markets
- | Public Interest Comments Public Interest Comments
Disclosure of Consumer Complaint Narrative Data
- | Financial Markets Financial Markets
- | Federal Testimonies Federal Testimonies
Legislation to Reform the Federal Reserve on Its 100-year Anniversary
- | Financial Markets Financial Markets
- | Federal Testimonies Federal Testimonies
Increasing the Effectiveness of the Bureau of Consumer Financial Protection in Protecting Consumers
Latest Work
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
Finance Is in the midst of a Regulatory Reform Quilting Bee
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
Eliminating Dodd-Frank's Overrated Escape Hatch
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
Rethinking Regulatory Framework
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
It's Springtime in Washington, and Regulatory Reform Blossoms
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
The OCC's Unimaginative Approach to Innovation
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
Clearing, Recovering, and Resolving
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
Business as Usual at the CFPB Is Not Good for Consumers
- | Financial Markets Financial Markets
- | Event Video Event Video
Book Release: Reframing Financial Regulation
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
Failure to Repeal Dodd-Frank Is What Should Have Us Scared
- | Financial Markets Financial Markets
- | Event Video Event Video