Powell: The Federal Reserve must focus on ensuring the stability of key areas for large banks

Federal Reserve Chairman Jerome Powell stated that the Federal Reserve's regulatory practices should focus on ensuring the safety and soundness of large banks. He emphasized that large banks need to have sufficient capital and manage risks properly, while the Federal Reserve is improving capital rules for large banks. Powell called for a public assessment of regulatory rules and expressed a desire to hear new ideas for improving the capital framework to ensure effective coordination among all parts