We know our work is not complete. In the coming year we anticipate moving forward on other rulemaking initiatives that will complement the steps we have already taken. The Federal Reserve is committed to remaining vigilant, diligent, and forward looking as a regulator and supervisor of the financial institutions that serve our economy.
We will do everything we can to fulfill the responsibility that has been entrusted to us by the Congress and the American public. Thank you. I would be pleased to respond to your questions. BIS central bankers’ speeches  7