Arthur E. Wilmarth, Jr.

Arthur Wilmarth, Jr.
Professor of Law
2000 H Street, NW
Washington, District Of Columbia 20052
United States
[email protected]

Art Wilmarth joined the faculty in 1986, following 11 years in private law practice. Prior to joining the law school, he was a partner in the Washington, D.C., office of Jones Day. Professor Wilmarth teaches courses in banking law, contracts, corporations, professional responsibility, and American constitutional history. He served as Executive Director of the Law School’s Center for Law, Economics and Finance (C-LEAF) from 2011 to 2014, and he has been a member of C-LEAF’s Executive Board since the center’s founding in 2009.

Professor Wilmarth is the author of more than forty law review articles and book chapters in the fields of banking law and American constitutional history, and he is the co-editor of a book on the financial crisis of 2008. In 2005, the American College of Consumer Financial Services Lawyers awarded him its prize for the best law review article published in the field of consumer financial services law during the previous year.

Professor Wilmarth has testified before committees of the U.S. Congress, the California legislature, and the D.C. Council on bank regulatory issues. In 2010, he was a consultant to the Financial Crisis Inquiry Commission, the body established by Congress to report on the causes of the financial crisis. During 2008–09, he served as chair of the Section on Financial Institutions and Consumer Financial Services of the Association of American Law Schools, after serving as the Section's chair-elect and annual program chair during 2007–08. Professor Wilmarth is a member of the international advisory board of the Journal of Banking Regulation, published by Palgrave Macmillan Ltd. He is also a member of the advisory board of the American Antitrust Institute.

Professor Wilmarth has been a member of the University's Faculty Senate for more than fifteen years, and he served as chair of the Faculty Senate's Executive Committee in 2004–05 and 2008–09. He received the Trachtenberg Prize for University Service in 2005.



BA, Yale University; JD, Harvard University

In the News

"Why Some Banks Are Ditching Their State Regulators"

September 17, 2019

Arthur E. Wilmarth, Jr. is quoted by The Wall Street Journal on how the OCC is championing deregulation in banking.

"A Day After Blocking House Demand for Trump's Tax Returns, Mnuchin Addressed Gathering of His Top Fundraisers"

May 07, 2019
Arthur E. Wilmarth, Jr. is quoted in The Washington Post about Treasury Secretary Munchin's appearance at a fundraiser with executives he is tasked with regulating.

“The Unlikely Reformer”

May 07, 2019

Arthur E. Wilmarth, Jr. spoke about the legacy of the late Senator and Treasury Secretary Carter Glass on C-SPAN2 BookTV.

“Banks Didn't Cause The Shutdown — Why Are They On The Defensive?”

January 24, 2019
Arthur E. Wilmarth Jr. is quoted in The American Banker about how banks face a negative confirmation bias regarding scandals and bad press.

"Was Glass-Steagall's Demise Both Inevitable and Unimportant?"

September 20, 2018

Arthur E. Wilmarth, Jr. writes in Columbia Law School's CLS Blue Sky Blog about whether it was a wise policy decision to repeal Glass-Steagall.