Ryan F. Quarles: “We feel strongly that hemp is a commodity crop. It is legal to produce and that we should not be criminalizing or…”

I do think that certainly, the way that we have implemented the Volcker Rule... it has been excessively burdensome.

The Federal Reserve, along with the other U.S. banking agencies, has made substantial progress in building stronger regulatory and supervisory programs since the global financial crisis.

Kentucky's legislative and regulatory framework is widely recognized today as one of the best in the nation.

Similarly, that has always been a high priority of the Federal Reserve, and where we have the enforcement authority to act, we will do that.