The combination of the Federal Reserve's common yardstick, the firm's own stress tests, and supervisory oversight over the firms' practices has resulted in a meaningful increase in the poststress resiliency of large financial institutions. All of these core components will remain in place.
Further, the changes I'll speak about today are not intended to alter materially the overall level of 1/6  BIS central bankers' speeches  capital in the system or the stringency of the regime. A healthy U.S. economy relies on a strong, well-capitalized banking system that can weather stressful events and continue lending to households and businesses.