The Bank Policy Institute (BPI) is an American public policy, research, and advocacy organization, based in Washington, D.C. The organization was formed in July 2018 following the merger of the Financial Services Roundtable and the Clearing House Association. BPI’s members include 42 banking institutions representing universal banks, regional banks, and foreign banks doing business in the United States. The current CEO is Greg Baer, a former litigator, corporate executive and public official who served as Assistant Secretary for Financial Institutions at the U.S. Department of the Treasury during the Clinton administration and as Managing Senior Counsel for the Federal Reserve Board of Governors. History The Association of Reserve City Bankers was formed in 1912 with 102 charter members and, in 1958, the Association of Registered Bank Holding Companies was formed in response to the Bank Holding Company Act of 1956. In 1993, these two entities merged to form the Bankers Roundtable. The name of the organization was changed to the Financial Services Roundtable in 2000 to reflect a decision to broaden the organization's mission to include integrated financial service providers. In July 2018, Financial Services Roundtable merged with the Clearing House Association to form the Bank Policy Institute. Parts In 1996, the newly-created BITS (Business Innovation Technology and Security division) under the former Bankers Roundtable, allowed collaboration on technological issues faced by the financial services industry. Since the Roundtable's creation in 2000, this organization addresses "emerging threats and opportunities" especially threats to cybersecurity, fraud reduction and critical infrastructure protection. Another part of the Roundtable, the Bankruptcy Coalition, lobbied for changes to the bankruptcy code in 2005. There are numerous other parts of the Roundtable. One part, Agents for Change, was described as helping move forward the "modernization" of insurance regulation. Another part tries to officially improve working communities of the financial services industry and creating partnerships with non-profits and politicians. The Housing Policy Council and 34 member companies, another part of the Roundtable are engaged in an "effort to prevent foreclosures and preserve homeownership." In addition to these sections of the Roundtable, there are three initiatives pushed: InFact (provide Americans with "information...important to the financial services industry), ITAC (non-profit that fights identity theft) and www.MyMoneyManagement.net (providing consumers with "financial education"). Official mission, policy issues and connections Official mission Financial Services Roundtable is an advocacy organization for America’s financial services industry. FSR members include leading banking, insurance, asset management, finance and