Source: US State of New York Federal Reserve
Good morning. I want to thank the American Bankers Association for inviting me to speak to you today. Two years ago, I gave my first speech as a Federal Reserve governor at this conference in San Diego, and it is always great to be with you even if remotely from our recording studio at the Board.
It’s fair to say that a lot has happened over the past two years. It is an understatement to say that the COVID-19 pandemic has created significant challenges inside and outside the banking sector. Bankers significantly adapted operations to continue serving their communities and customers. You overcame staffing challenges and other hurdles, kept the virtual doors open, worked with your customers, and provided assistance to workers and businesses through the Paycheck Protection Program. Those efforts have made, and continue to make, a huge difference in the lives of many people affected by the pandemic, and I thank you.
My Perspective On Bank Regulation And Supervision, Federal Reserve Governor Michelle W. Bowman, At The Conference For Community Bankers Sponsored By The American Bankers Association (Via Prerecorded Video) Date
16/02/2021
Good morning. I want to thank the American Bankers Association for inviting me to speak to you today. Two years ago, I gave my first speech as a Federal Reserve governor at this conference in San Diego, and it is always great to be with you even if remotely from our recording studio at the Board.
It s fair to say that a lot has happened over the past two years. It is an understatement to say that the COVID-19 pandemic has created significant challenges inside and outside the banking sector. Bankers significantly adapted operations to continue serving their communities and customers. You overcame staffing challenges and other hurdles, kept the virtual doors open, worked with your customers, and provided assistance to workers and businesses through the Payche
Bank of America and Citigroup trimmed compensation for their chief executives in 2020, a year in which banks exercised restraint in compensating employees as the pandemic ravaged the economy.
TFI recently hired
Karyn Finn to serve as the new vice president of Residential Treatment & Services. Finn has more than 20 years of nonprofit leadership experiences in health care, higher education, and civic and nonprofit strategic planning. Prior to joining TFI, Finn served as director of community relations for KVC Health Systems and as program director of the Residential Treatment and Education Program at KVC Niles in Kansas City, Mo. As vice president of Residential Treatment & Services, Finn will be responsible for clinical and regulatory operations at TFI, as well as the mental health operations for Pathway Family Services. Finn received her Bachelor of Science from Tulane University and a Masters in Community Health Education from the University of Northern Iowa.