It is a pleasure to be here today to talk about the Federal Reserve’s commitment to and oversight of community banking. I appreciate the invitation to attend the American Bankers Association’s Conference for Community Bankers, as community banking has been a focus of my career and plays a vital role in supporting our economy.
Accountability and transparency of the Board's decision-making would also be enhanced with more frequent and more timely reporting. Finally, and very importantly, surveillance and analysis must be, and seen to be, independent of political influence. Conclusion I'd like to conclude by underscoring a key point.