Yellen Says Corporate Tax Rate an Issue for Congress

The transcript discusses the impact of the corporate tax system on U.S. investment, highlighting concerns about its structure. It also addresses the regulatory burdens imposed by Dodd-Frank on small banks, suggesting that these may hinder economic recovery. The Federal Reserve's efforts to reduce these burdens through tailored supervision and proposed changes are outlined. Additionally, the importance of maintaining enhanced prudential standards for larger banks is emphasized, particularly in terms of stress testing and financial stability.

What changes have been proposed to the asset thresholds in relation to Dodd-Frank?

Why is stress testing considered an important component of safety and soundness in banking?