On the recordApril 18, 2018
That is probably the highest priority item that we have, discussing ways to ensure that our systems are resilient.
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Ryan F. Quarles
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congress.govThat is probably the highest priority item that we have, discussing ways to ensure that our systems are resilient.
Quarles highlights the priority of cybersecurity in international banking.
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I do think that certainly, the way that we have implemented the Volcker Rule... it has been excessively burdensome.
I think that you can actually have more effect in really supporting the low- and moderate-income portions of the communities.
It is not our intention. Indeed, it is the opposite of our intention, to affect the total loss-absorbing capacity of the largest firms.