Arthur E. Wilmarth, Jr.

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

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

"Fintech Firms Look to Enter Banking Via Century-Old Tactic"

February 08, 2018

Arthur E. Wilmarth, Jr. is quoted in The Wall Street Journal about industrial loan company charters.

"Raising SIFI Threshold to $250B Ignores Lessons of Past Crises"

February 07, 2018

Arthur E. Wilmarth, Jr. writes in American Banker about how a high asset threshold would undermine the FRB's ability to regulate SIFIs.

"Waters and 25 Democratic Members File Amicus Brief in Support of Acting CFPB Director Leandra English"

November 27, 2017

Arthur E. Wilmarth, Jr. is cited in an amicus brief that supports Acting CFPB Director Leandra English.

"Could Industrial Bank Charter Lure Wal-Mart, Amazon or Facebook?"

October 16, 2017

Arthur E. Wilmarth, Jr. is quoted in Bloomberg BNA about the possibility of companies applying for ILC charters. 

"The Road to Repeal of the Glass-Steagall Act"

October 03, 2017

Arthur E. Wilmarth, Jr. writes in Columbia Law School's Blue Sky Blog about his forthcoming article on the Glass-Steagall Act.