Partly as a product of these improvements, we have made our regulations more efficient by better differentiating among risks. Our capital rules require firms that hold riskier positions  -4either to maintain capital that addresses those risks or to take steps to de-risk.
A recent story from Wu Han reminded me of some things I take for granted—a simple sunset, good health, family, life.... Thirdly, let’s be exceptional in our kindness to others.