Powell: Capital Requirements to Be Skewed to Large Banks

The transcript discusses the proposal to raise capital requirements by 20% for major banks, particularly those with $100 billion or more in assets. The focus is on the eight largest banks, known as G Sibs, while smaller banks are less affected. The conversation highlights the strength of big banks and their role in financial stability, reflecting on past efforts to raise capital standards.

What is the proposed percentage increase in capital requirements for large banks?

• 25%

• 20%

• 15%

• 10%

Which banks are primarily targeted by the proposed capital requirement changes?

• Banks under $100 billion

• All banks

• The eight largest banks

• Community banks

What is the current status of the proposal to raise capital requirements?

• It has been rejected

• It is not being considered

• It is finalized

• It is still in motion

How have large banks been perceived in terms of their size and strength?

• A source of weakness

• Too big to fail

• Irrelevant to the economy

• A source of strength

What efforts have been made over the past decade regarding capital standards?

• Reducing capital standards

• Raising capital standards

• Maintaining the same standards

• Eliminating capital standards