"This is one time where television really fails to capture the true excitement of a large squirrel predicting the weather."
- Phil, Groundhog Day (1993)
Yellen Era Praised by State Regulators
A statement from John Ryan, president and chief executive officer of the Conference of State Bank Supervisors (CSBS):
“All of America owes a deep sense of gratitude to Janet Yellen and the leadership she demonstrated as Chair of the Federal Reserve Board. In the critical post-crisis years, she helped stabilize the U.S. economy and strengthen the financial system.”
“At the state level, her leadership was especially meaningful. She set a priority to make community banks a more vital part of the financial system, and to strengthen ties with state regulators. Under her leadership, the Federal Reserve undertook an effort to better tailor regulation and supervision for community banks that do not pose systemic risks.
"And with her personal participation, the Federal Reserve co-sponsored with CSBS annual research conferences on community banking. Through these conferences, numerous regulators, academics and thought leaders developed research that informed new policies at both the regulatory and legislative levels. Just this past October, Chair Yellen delivered remarks at the conference that discussed the Fed’s work.
“On behalf of all state regulators, CSBS thanks Chair Yellen for her leadership.”
Dana Barbieri Joins CSBS as Vice President, Legislative Policy
CSBS announced Dana Barbieri has joined CSBS as vice president for legislative policy effective January 16. CSBS is the national organization of state bank regulators that supervise roughly three-quarters of all U.S. banks and a variety of non-depository financial services.
Dana will lead CSBS’s engagement with Congress to help shape public policy priorities, which include tailoring regulations for community banks and enhancing coordination between state and federal regulators.
“I am pleased to bring Dana to CSBS where she will play a major role in promoting common-sense regulation for community banks, the state bank supervisory system, and state regulators nationwide,” said CSBS President and CEO John W. Ryan.
Dana brings a wealth of financial services and public policy experience and expertise to CSBS. Most recently, Dana worked on banking issues at the U.S. Senate Republican Policy Committee, under Chairman John Barrasso of Wyoming. Prior to her role on the Republican Policy Committee, Dana worked for then-Senator Kay Bailey Hutchison of Texas, who served on the Senate Banking Committee. Dana was the senator’s point person during Congress’s work on the Dodd-Frank Act and the JOBS Act. Dana was also associate assistant secretary for policy at the U.S. Department of Labor and worked with membership organizations including the National Federation of Independent Businesses and the US Chamber of Commerce.