I would like to thank the Texas Bankers Association for the invitation to share my thoughts with you at this year's Annual Meeting.1 My remarks today focus on financial stability and the role of banking regulators in promoting financial stability and resiliency in the financial system.2 I will also describe principles that are complementary to promoting safety and soundness—to help inform the regulatory and supervisory agenda. Of course, it would be difficult to provide an exhaustive list of the financial stability risks facing the financial system in the time we are together today. So, while I will highlight a few ... (full story)