22V Research's Kim Wallace, a former Obama Treasury official, discusses Silicon Valley Bank's failure as well as the issues around raising the federal borrowing limit with MarketWatch's Victor Reklaitis. He's head of Washington policy research and senior managing director at 22V.

Kim Wallace
Senior Managing Director, 22V Research
Kim N Wallace is a senior managing director at 22V Research heading the Washington policy risk team. A fiscal and financial policy expert, Mr. Wallace has managed policy research teams at private capital market and government entities.

From 1994-2008, Mr. Wallace traveled extensively in Asia, Europe and North America briefing institutional investor clients on risks and opportunities coming from a range of policies including macroeconomics (monetary, fiscal and trade policies), deregulation (financials and telecoms) and US elections. Mr. Wallace nine times was a member of Institutional Investor Magazine’s All-American all-star research team. From January 2009 through October 2011, after unanimous Senate confirmation, Mr. Wallace served as the Treasury Department’s assistant secretary for legislative affairs where he managed a team of 17. During those years, he was a principal on the Dodd-Frank implementation team and a member of both the housing reform task for and debt limit working group. He was awarded the Treasury Department’s Alexander Hamilton Award in 2011.

Mr. Wallace is board secretary and member of the finance committee at of the nonprofit Center for Budget and Policy Priorities. A graduate of the University of Texas at Austin and Johns Hopkins University, Mr. Wallace and his wife live in Silver Spring, MD. They have two grown children working and living in Washington, D.C.
Victor Reklaitis
Washington Correspondent, MarketWatch
Victor Reklaitis is MarketWatch's Washington Correspondent and is based in Washington, D.C. Prior to joining MarketWatch, he served as an assistant editor and reporter at Investor's Business Daily. Before IBD, he worked for several newspapers in Virginia. Follow Victor on Twitter at: @vicrek.
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