*  *  *  The views in these remarks are my own and not necessarily those of my colleagues on the Federal Reserve Board. Good morning and thank you to the Ohio Department of Commerce Division of Financial Institutions (DFI) for the invitation to come to Columbus to share some thoughts with you on Ohio Bankers Day.
In my remarks this morning, I want to describe some features of an appropriate regulatory capital framework for banks – focusing on community banks – and I’ll cut to the chase by setting out what I believe to be two imperatives in finalizing this framework. Each of these imperatives has, at its core, the inherent goals of minimizing uncertainty and promoting safety and soundness.