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Treasury secretary. He spoke on the health of the financial industry and the threat of another crisis. This portion of the National Association or business economics conference is 45 minutes. E is 45 minutes. Welcome to our general session for this afternoon. Im the chief economist at ford and im very pleased to be here today to introduce and moderate a discussion with the president of the Federal Reserve bank of minneapolis. He took office as the president chief executive officer on of 2016. St he serves on the federal open the t economy bringing feds committee bringing in washington. However...

Treasury secretary. He spoke on the health of the financial industry and the threat of another crisis. This portion of the National Association or business economics conference is 45 minutes. E is 45 minutes. Welcome to our general session for this afternoon. Im the chief economist at ford and im very pleased to be here today to introduce and moderate a discussion with the president of the Federal Reserve bank of minneapolis. He took office as the president chief executive officer on of 2016. St he serves on the federal open the t economy bringing feds committee bringing in washington. However...

Captioning performed by vitac so one of the pushbacks that we will get, theyll say its a little bit of strong man argument. If you take a two trillion dollars bank and you divide it up into 2000 billion banks and they make the same mistakes, has safety been improved and thats a very fair question. If you really had 20,100,000,000,000 banks, each with their own boards of directors, theyre not all going to make identical decisions. The point is still taken. A lot of little banks does not necessarily safer than one giant banks if they all take identical positions. I go back to the savings and loa...

And im very pleased to be here today to introduce a moderate a discussion with the president of the Federal Reserve bank of minneapolis, neil kashkari, he took office as the president and chief executive officer at the minneapolis fed on january 1st of 2016. As part of that rule he serves on the federal open Market Committee bringing the feds ninth districts perspective to mondetary policy discussions in washington. However i do want to preface the appearance by noting that after president accepted our invitation to speak here today, the fed adjusted its blackout period ahead of its Monetary P...

Event. We are fortune to have the second here. The 77th secretary of treasury and ive worked directly for four treasury secretaries. I counseled four count four eye ones deer friends so i know what takes to be a good secretary. And having spent time withing this secretary and the president s vision and his team i am confident this gentleman has the right ideas and the right team in place to advance a very progrowth agenda. So with that like to introduce and thank you or or 77th 77th secretary of the treasury, steve mnuchin, and mark wineburger. [applause] well, put a lot of pressure on you the...