Conclusion In conclusion, I hope that my remarks have helped you to better understand the forces affecting our banking and financial system.
Second, comments are currently under review for the third-party risk management guidance jointly proposed by the Fed with the other banking agencies. Banks and third parties will benefit from clear guidance that helps banks navigate the challenging issues and risks raised by third party engagement. Finally, another area that could benefit from more regulatory clarity is digital assets, including stablecoins and crypto assets.