FDIC's Hoenig Happy Yellen Speaks on Financial Stability

The video discusses the challenges faced by banks in the 1980s, highlighting the role of leverage and insufficient capital. Janet Yellen's remarks focus on financial stability, emphasizing the need for vigilance during economic upturns. The discussion covers capital standards, the impact of monetary policy on interest rates, and the importance of supervision. The video concludes with a debate on banking regulations and proposals, urging caution in legislative changes.

How does the speaker view the relationship between capital standards and financial stability?

What implications do low interest rates have on banks and their operations?

What caution does the speaker advise regarding proposed banking legislation?