Closing We have a dynamic financial system in the United States, a system that has long been supported by having independent and accountable regulators. As the financial system has evolved over time, so has the regulatory and supervisory framework designed to further the goals of safety and soundness, and financial stability.
In my view, it is important that we continue to emphasize the value of accountability and transparency, while continuing to improve the fairness and efficiency of this framework. 6/7  BIS - Central bankers' speeches  1 These views are my own and do not necessarily reflect those of my colleagues on the  Federal Reserve Board or the Federal Open Market Committee.