Treasury Secretary Scott Bessent Remarks at the Federal Reserve Capital Conference

As prepared for deliveryGood evening, it’s an honor to be with you tonight.Let me first express my appreciation to Vice Chair Bowman for arranging tomorrow’s conference. The Vice Chair has certainly hit the ground running, and we are all impressed by her early results.I share with her a strong view on the urgency of reform. And I especially agree with the high priority she has given as a governor on the Federal Reserve Board to issues affecting our community banks.In past remarks, I have made clear that we need a fundamental reset of financial regulation. And the Treasury Department is committed to playing an active role in this effort.