Janet Yellen actually said...

"It certainly helps. We have also put in place requirements for adequate--our so-called TLAC rules for adequate loss absorbency."

"We are very focused on regulatory burden on community banks"

"Every Fed Chair that I can remember has come and told Congress that this is a looming problem with serious economic consequences."

"If the Fed had been forced to follow such a rule in recent years, millions of Americans would have suffered unnecessary spells of joblessness over this period."