Applying the lessons of banking reform to housing finance The post-crisis reform program for our largest banks presents an appropriate standard against which the housing finance giants should be judged. After eight years of reform, our largest banking institutions are now far stronger and safer.
Common equity capital held by the eight U.S. global systemically important banks has more than doubled to $ billion from about $ billion before the crisis. After the crisis revealed significant underlying liquidity vulnerabilities, these institutions now hold $ trillion in high-quality liquid assets, or 25 percent of their total assets.