Consumer protection A word on the consumer protection piece of the Administration's plan may be appropriate here, insofar as we have seen how problems in consumer protection can in some cases contain the seeds of systemic problems.
Third, we have seen that interest rate risk and liquidity risk, say, can cause stress in the banking system that is more severe than assumed in standard stress tests and individual supervisory indicators. As risks evolve, banks need to adapt their risk management practices. And supervisors are challenged to adapt their focus as well.