Bank Supervision
Effective bank oversight is essential to protecting Americans' financial security. But in past years, supervision has strayed from its core goal.
Regulatory exams ballooned into massive, box-checking exercises that generated sprawling reports months after they were useful, distracting from critical work to identify and manage material risk. Banks need guidance and supervision that is timely, targeted, and grounded in real risk, so they can focus on protecting customers. Changes to the supervisory regime for banks are welcome and will support all Americans.
