Speaks on Lesson from Financial crisis
- Favors keeping higher capital, liquidity requirements
- Volker rule could be modified to be less burdensome
- Make Dodd- Frank changes with paring knife not cleaver
- Crisis was horrific and more work needed to protect financial markets, economy
- Sites capital, liquidity, clearing standards as vital
His comments from a speech do not include reference to monetary policy nor his early retirement. If there is questions from the audience or the press, I am sure they will delve into each.
