Federal Reserve Chair Jerome Powell said the central bank is willing to consider new ideas and public feedback as it reassesses capital requirements for the nation’s largest banks. Speaking at the opening of the Integrated Review of the Capital Framework for Large Banks Conference in Washington on Tuesday, Powell called the Fed a “dynamic institution” and emphasized the need for a holistic look at risk-based and leverage ratios, capital surcharges for the most complex lenders, and the annual stress-testing regime. Powell noted that several rule proposals are already on the table or in development across each of those areas. He added that the review aims to ensure the framework both safeguards financial stability and lets big banks compete effectively with non-bank financial firms and overseas institutions. Vice Chair for Supervision Michelle Bowman, who organized the conference, will steer the Fed’s supervisory approach as the process unfolds.