Follow TopicFollow Contributor Share Feedback
How the US Federal Reserve Oversees Innovation

How the US Federal Reserve Oversees Innovation

by Starling Insights

Starling Insights Editorial Board

Dec 18, 2023

Observations

In his recent testimony before the US House of Representatives Subcommittee on Digital Assets, Financial Technology, and Inclusion, Michael S. Gibson, Director of the Division of Supervision and Regulation at the Federal Reserve Board (FRB), stressed the regulator's dedication to fostering responsible innovation in the financial sector.

"We recognize that innovation can reinforce the safety and soundness of banks and the stability of our financial system, increase operational efficiencies, and reduce costs," he said.

This content is available to paid Members of Starling Insights.

If you are a Member of Starling Insights, you can sign in below to access this item. 

 

If you are not a member, please consider joining Starling Insights to support our work and get access to our entire platform.  Enjoy hundreds of articles and related content from past editions of the Compendium, special video and print reports, as well as Starling's observations and comments on current issues in culture & conduct risk management.

Join The Discussion

See something that doesn't look quite right?

We strive to provide high quality and accurate content at all times. With that said, we realize that sometimes links break, new information becomes available, or there is something that you feel we may have missed.

If you see something that you think we should be aware of, we would love to hear from you. Feel free to drop us a note below and leave your name and contact info if you'd like to hear back from us.

Thank you for being a key part of the Starling Insights community!