For release on delivery 10:00 a.m. EST November 14, 2018  Statement by Randal K. Quarles Vice Chairman for Supervision Board of Governors of the Federal Reserve System before the Committee on Financial Services U.S. House of Representatives November 14, 2018  Chairman Hensarling, Ranking Member Waters, other members of the committee, thank you for the opportunity to testify on the Federal Reserve's regulation and supervision of the financial system.
My testimony today covers two main topics: our efforts to improve regulatory transparency, including the report accompanying my submission to the committee, and our progress in making the post-crisis regulatory framework simpler and more efficient.