Speaker: Chair Jerome H. Powell
Title: Welcoming Remarks
Venue: At the Community Bank Conference, Federal Reserve Board, Washington, D.C. (via pre-recorded video)
October 09, 2025
Welcoming Remarks
Chair Jerome H. Powell
At the Community Bank Conference, Federal Reserve Board, Washington, D.C. (via pre-recorded video)
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Good morning and welcome to the Federal Reserve Board. I am sorry that I'm traveling and could not be with you today. Thank you to Vice Chair for Supervision Miki Bowman for hosting this conference. Thank you also to all the Board staff that made this event possible.
T1Community banks play a vital role in the U.S. financial system because they have strong links to the people and businesses they serve, and direct knowledge of local economic conditions. T2These close ties allow community bankers to better understand their customers, and the ensuing products and services for those they serve. I saw this clearly when I led the Board's community and regional bank subcommittee as a governor. I have also seen the critical role of community banks in the communities where I have lived, including as a community-bank customer.
T3Today's event is a helpful opportunity for Fed leaders to hear from community bankers and learn more about the issues you face. We are committed to understanding these issues. And T4we have long been committed to tailoring our supervisory practices as appropriate for community banks to reduce unnecessary burden, while still ensuring that community banks continue to operate in a safe and sound manner.
Thank you for being here today to share your knowledge and experience. And thank you for being such a vital part of the communities you serve.
Related Content
Community Bank Conference
Mentions · how they’re counted
| Category | Underlined | Word counter | Model’s count |
|---|---|---|---|
| AI AI, artificial intelligence, generative AI, machine learning, large language model, LLM | 0 | 0 | 0 |
| Layoffs layoffs, RIF, headcount reduction, workforce optimization, restructuring | 0 | — | 0 |
| Recession recession, downturn, contraction, slowdown | 0 | 0 | 0 |
| Tariffs tariff, trade war, trade barriers, trade restrictions, trade policy | 0 | 0 | 0 |
| Buybacks share repurchase, buyback program | 0 | — | 0 |
Underlines use the same word lists the scores use. AI, recession and tariffs follow Palanor’s word counter, so those counts match it exactly on the same text. Layoffs and buybacks use the terms the model was given. The model’s count is an estimate by meaning, not by string, so it can differ from the underlines.
Source: Board of Governors of the Federal Reserve System · public domain · Highlights by Palanor