I would like to thank my colleagues here at this table and their staffs, as well as the Fed’s own staff, for their tireless efforts. Overview of proposed rulemakings The Basel II NPR is designed to improve the risk sensitivity of U.S. bank regulatory capital requirements and to enhance the risk-measurement and -management practices of large, internationally active U.S. banking organizations.
As a group, we have an opportunity to reaffirm the importance of gender parity and diversity in our professions, in our research, and in our policymaking. Thank you. 1 Statistics come from historical tables A-1 ("Employment Status of the Civilian Population by Sex and Age") of the  Bureau of Labor Statistics' Employment Situation report. See Bureau of Labor Statistics (2021), "The Employment Situation".