The U.S. banking system continues to maintain strong capital and liquidity levels while maintaining strong profitability and healthy loan growth. U.S. banks are well positioned to continue to support a growing economy. In Accordance with Our Statutory Mandates, Supervisors Are Focusing on Risks to Banks’ Safety and Soundness, Particularly Core and Material Financial Risks . . . The Federal Reserve is closely monitoring and addressing vulnerabilities that could lead to bank failures or significant deterioration in financial condition. This approach prioritizes addressing financial risks over process and documentation ... (full story)