It's a pleasure to be back in St. Louis for the annual Community Banking Research Conference. I am grateful for the continued partnership between the Federal Reserve, the Conference of State Bank Supervisors (CSBS), and the Federal Deposit Insurance Corporation (FDIC), and I would like to thank the conference organizing committee for putting together this important forum, now in its 11th year. This conference provides an excellent opportunity for policymakers to pause and reflect on the impact of current U.S. bank regulatory policies on the financial system. At the same time, we should also consider how alterations ... (full story)