Thank you for the opportunity to speak to you. I would like to talk with you today about the intersection of my two roles at the Federal Reserve as the Vice Chair for Supervision at the Federal Reserve Board and as a member of the Federal Open Market Committee (FOMC).1 In particular, I'll focus on the interaction of monetary policy and financial stability policy. First, my views on current monetary policy. I am squarely focused on our dual mandate to promote maximum employment and stable prices for the American people. I strongly agree with the point that Chair Powell has made often, which is that without price ... (full story)