CONTACT: Laura Peavey
(202) 457-8770
lpeavey@fsforum.com

Forum Welcomes Federal Reserve’s Efforts to Improve Bank Supervision

Washington, D.C. – Financial Services Forum President and CEO Amanda Eversole issued the following statement in response to the Federal Reserve’s supervisory operating principles to focus bank oversight on material financial risk:

“The Federal Reserve’s efforts to improve bank supervision support safety and soundness while promoting fair treatment for consumers and businesses. This complements the FDIC and OCC’s work to focus bank oversight on material financial risks. We will continue to engage with the agencies to ensure we are achieving our shared goal of effective supervision that allows America’s largest banks to best serve their customers and support the economy.”

To learn more about the need to modernize bank supervision, see our fact sheet. You can also find our latest statements on bank supervision below:

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The Financial Services Forum is an economic policy and advocacy organization whose members are the eight largest and most diversified financial institutions headquartered in the United States. Forum member institutions are a leading source of lending and investment in the United States and serve millions of consumers, businesses, investors, and communities throughout the country. The Forum promotes policies that support savings and investment, financial inclusion, deep and liquid capital markets, a competitive global marketplace, and a sound financial system.

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