To address this need for a broader perspective, last year I formed a high-level steering group of central bankers and market regulators to oversee the FSB’s work on nonbank finance and to help coordinate with various global financial standard-setting bodies.
It is a great pleasure for me to join the Federal Reserve Bank of Kansas City in welcoming you to the Federal Reserve Board for the 2019 National Agricultural Credit Conference. For nearly 80 years, these meetings have been at the forefront of important discussions for those with a stake in agricultural lending, with the first National Agricultural Credit meeting held in 1941.