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ARTICLE · 21 SEPTEMBER 2016

Comptroller Curry Asserts That Post-Crisis Financial System Is Stronger

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Comptroller of the Currency Thomas J. Curry asserted that regulatory reforms since 2008 have improved capital, limited leverage, enhanced liquidity and improved supervision.

United StatesFinance and Banking
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Comptroller of the Currency Thomas J. Curry asserted that regulatory reforms since 2008 have improved capital, limited leverage, enhanced liquidity and improved supervision. In remarks at the 2016 Annual Robert Glauber Lecture at the Harvard Kennedy School, he stated that the U.S. "banking system is now as well capitalized as any in the world."

Mr. Curry emphasized that:

  • Improving Capital. "The benefits of a strong banking system built on a strong capital base should not be forgotten in debates about striking the right balance in capital standards."
  • Limiting Leverage. Leverage ratios should "serve as an additional line of defense, or backstop, to the risk-based capital measures."

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