I would like to thank the Massachusetts Bankers Association for the invitation to meet with you today.1 One of the most enjoyable and informative aspects of my role is the time I spend with bankers, listening to issues that are important to you and that affect you and your customers. Banks play a key role in supporting economic growth and lending to serve their customers and communities, which is an indispensable role in the U.S. economy. Conversations such as ours today help inform my work at the Federal Reserve Board—for my understanding of both the broader U.S. economy and the banking regulatory and supervisory ... (full story)