We have worked hard to ensure that our examiners are well-trained and employ a balanced approach to reviewing banks’ credit policies and practices. We will continue to monitor this closely. I would also suggest that examiners are regulators and as such should not view banks as their customers or clients.
There are times when the interests of banks and regulators are aligned, and there are many instances where our objectives diverge. This doesn’t mean that examiners and banks will inevitably have a contentious relationship.