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 was the sentiment expressed about the largest banks in the context of risk?

What efforts were made regarding capital standards in the past, according to the speaker?