Federal Reserve Chair Jerome Powell emphasized the benefits of maintaining ample bank reserves, stating that such a framework, established after the global financial crisis, provides banks with the liquidity needed to continue lending during periods of financial stress. Powell noted that returning to a regime with scarce reserves would not reduce costs and would be a complex process taking several years. Additionally, the Fed has indicated that overall bank capital requirements are expected to remain largely unchanged. Commentary from financial experts highlighted the importance of the Fed balancing regulatory measures carefully, cautioning against conceding too much to banks and underscoring the political challenges the Fed faces in maintaining financial safety. Former New York Fed President Bill Dudley also advised against political interference with the Federal Reserve's policies.