Michael Barr, Speech: Committee on Banking, Housing, and Urban Affairs, U.S. Senate

“As the banking system continues to evolve, we must ensure that supervision and regulation keeps up with those changes and are appropriate for the underlying risks. Over the coming months and years, it will be crucial to examine new risks to the banking system and whether and how the real economy, including consumer needs and access to financial services, may change. As vulnerabilities appear, a strong banking system will help households and businesses weather those challenges. As Vice Chair for Supervision, I will continue to work to promote a safe and fair banking system.”