We plan to share our assessment with you in our next Financial Stability Report later in the year and look forward to hearing from you about any issues that warrant further monitoring. Thank you and I look forward to your questions. 1 Federal Reserve Board www.federalreserve.gov/aboutthefed/bios/board/default.htm. 2 Board of Governors of the Federal Reserve, Financial Stability Report (Washington: Board of Governors).
3 Board of Governors of the Federal Reserve, “Framework for Implementing the U.S. Basel III Countercyclical  Capital Buffer (PDF),” September 8, 2016. 4 Board of Governors of the Federal Reserve, “Federal Reserve Board Votes to Affirm the Countercyclical Capital  Buffer (CCyB) at the Current Level of 0 Percent,” press release, March 6, 2019. 5 See  the Basel Committee on www.bis.org/bcbs/ccyb/index.htm#table.