Jerome H Powell: Welcoming remarks – "Stress Testing: A Discussion and Review" Welcoming remarks (via prerecorded video) by Mr Jerome H Powell, Chair of the Board of Governors of the Federal Reserve System, at "Stress Testing: A Discussion and Review", a research conference at the Federal Reserve Bank of Boston, Boston, Massachusetts, 9 July 2019.
* * * Good morning everyone and thank you to President Rosengren and the Boston Fed for hosting this conference. The Federal Reserve is strongly committed to stress testing as a cornerstone of our bank supervisory and financial stability missions. Stress testing is perhaps the most successful supervisory innovation of the post-crisis era.