Jerome Powell actually said...

these regulations [that have been imposed since the 2008 financial crisis] are new and we should be willing to adjust them as we learn.

I think it is, to me, very clear that financial institutions are much stronger, safer, sounder, more resilient, better capitalized, more liq...

We do not want our banks to turn into Government mutual funds, where they hold only Government securities.

I agree with that. I would add two quick things.