Jason Cave

Senior Consultant

750 17th Street NW, Suite 1000, Washington, D.C. 20006

Mr. Cave advises clients on regulatory matters in banking, mortgage finance, and technology. With over thirty years of experience in the federal banking regulatory sector, he is a seasoned executive leader who has contributed to the safety and soundness, policy development, and crisis management of the U.S. banking system. A trusted public servant, Mr. Cave was selected by four presidentially appointed principals to run large banking, mortgage finance, and technology portfolios to improve supervisory effectiveness, crisis management and readiness capabilities, corporate governance, risk, and cybersecurity resiliency at systemically important firms. 

Mr. Cave spent nearly three decades in executive roles at the Federal Deposit Insurance Corporation (FDIC), including serving as Senior Advisor to Chairmen Bair and Gruenberg and managing large bank supervision and capital markets programs. During this time, he helped establish the Office of Complex Financial Institutions, a precursor to the Division of Complex Institution Supervision and Resolution, which was created to administer new systemic resolution authorities including living wills. Mr. Cave also served as the top FDIC representative on the Basel Committee on Banking Supervision for over ten years, working with regulators from across the globe to develop prudential minimum capital, liquidity, and resolution standards. Additionally, he served as the FDIC executive representative on the Deputies Committee of the Financial Stability Oversight Council (FSOC), where he helped build FSOC’s non-bank designation program and establish the process for identifying, analyzing, and designating firms that were determined to be a systemic risk. Mr. Cave oversaw the successful creation, implementation, and exit of the FDIC’s Debt Guarantee Program, which enabled 122 entities to issue $346 billion in debt, unlocking a frozen credit market and providing support to the real economy during one of the most devastating economic crises in the nation’s history. 

After his time at the FDIC, Mr. Cave joined the Federal Housing Finance Agency (FHFA), becoming a Deputy Director and the Chief Fintech Officer. In addition to overseeing FHFA’s Fintech Strategy and Innovation program, he was responsible for managing the Conservatorship and Readiness program governing Fannie Mae and Freddie Mac. A resourceful innovator, he launched the FHFA’s Office of Financial Technology, elevating the agency’s presence in the Mortgage Tech space by working with over 100 market participants, advocacy groups, and investors on public-private partnerships.

Mr. Cave received his B.S. in finance from Bryant University.