About this episode
In this episode of Capital for Good, we speak with Heather Higginbottom, the president of the JPMorgan Chase PolicyCenter, which develops and advances sustainable, evidence-based policy solutions to drive inclusive economic growth in the United States and around the world. Having served at the highest levels of government in the State Department, the White House, and Capitol Hill, Higginbottom is one of the country's leading experts on a range of domestic, economic, foreign, and budget policy issues. In this conversation, Higginbottom explains how the PolicyCenter allows JPMorgan Chase to work on a variety of issues related to a more inclusive economy, drawing on the firm's expertise, experience, and resources — its unique insights, perspectives, learnings, and assets — including original research through the JPMorgan Chase Institute and its global philanthropy and business and investment expertise. These include a number of areas of the firm has focused on historically, including neighborhood development (i.e., affordable housing), jobs and skills, small business and access to capital, and significant new commitments related to inclusive growth, including its recent $30 billion commitment to advance racial equity, reduce systemic racism, and help close the racial wealth divide. Using the example of the PolicyCenter's Second Chance initiative, an effort to reduce barriers to employment for people with criminal records, Higginbottom describes how JPMorgan Chase works on these issues within the firm — and with partners like the Business Roundtable and others at the industry level, including, in this case, the recently launched Second Chance Business Coalition. Thanks for listening!Subscribe to Capital for Good on Apple, Amazon, Google, Spotify, or wherever you get your podcasts. Drop us a line at socialenterprise@gsb.columbia.edu. Mentioned in this Episode: JPMorgan PolicyCenter JPMorgan Chase Institute Unemployment Insurance, Job Search, and Spending During the Pandemic, Peter Ganong, Fiona Greig, Max Liebeskind, Pascal Noel, Daniel Sullivan, Joseph Vavra, "Spending and Job Search Impacts of Expanded Unemployment Benefits: Evidence from Administrative Micro Data" (JPMorgan Chas