Ryan F. Quarles: “Similarly, that has always been a high priority of the Federal Reserve, and where we have the enforcement authority to…”

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

That is probably the highest priority item that we have, discussing ways to ensure that our systems are resilient.

If there is a credit allocation decision to be made, that is a decision for Congress, to be debated by the public's representatives.

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.