Ryan F. Quarles: “Kentucky's legislative and regulatory framework is widely recognized today as one of the best in the nation.”

I do think that a legislature is in a better position to resist the slippery slope for that solution.

I don't think that we should be weakening the CRA.

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.

It is not our intention. Indeed, it is the opposite of our intention, to affect the total loss-absorbing capacity of the largest firms.