Jeremy Kress is an Assistant Professor of Business Law at Michigan Ross. Professor Kress researches macroprudential financial regulation, with an emphasis on financial institution corporate governance. Professor Kress teaches Legal Issues in Finance & Banking at Michigan Ross, and he has taught Financial Regulation at Michigan Law School.
Before entering academia, Professor Kress was an attorney in the banking regulation and policy group at the Federal Reserve Board of Governors in Washington, D.C. In that capacity, he drafted rules to implement the Dodd-Frank Act and Basel III, and he advised the Board on the legal permissibility of bank mergers and acquisitions.
Professor Kress' written work has appeared or is forthcoming in the Southern California Law Review, Minnesota Law Review, Boston College Law Review, Stanford Law Review Online, Yale Journal on Regulation, and Harvard Journal on Legislation, among other journals. Professor Kress has testified before Congress, and he frequently comments on financial regulatory matters in the press. He has been featured in media outlets including the Wall Street Journal, New York Times, Financial Times, Washington Post, Bloomberg News, NPR's Marketplace, Politico, Yahoo Finance, and American Banker.
Professor Kress is a senior research fellow at the University of Michigan Center on Finance, Law, and Policy, where he previously served as assistant executive director. Professor Kress graduated cum laude from Harvard Law School and from the Harvard Kennedy School, where he was a Presidential Scholar. He holds a BBA from Michigan Ross.
Attorneys for Nichols' family called the move "appropriate and proportional" in response to his death and urged other cities to follow suit but also stressed that "misconduct is not restricted to these specialty units."