Daniel K Tarullo: Capital and liquidity standards Testimony by Mr Daniel K Tarullo, Member of the Board of Governors of the Federal Reserve System, before the Committee on Financial Services, US House of Representatives, Washington DC, 16 June 2011.
*  *  *  Chairman Bachus, Ranking Member Frank, and other members of the Committee, thank you for your invitation to testify today about capital and liquidity standards and their relationship to international competitiveness. I will start by explaining how new international standards on regulatory capital and liquidity will foster global financial stability.