Regulation, Innovation
Federal Reserve (Speeches & Testimony)
Federal Reserve (Speeches & Testimony) · Mar 25, 2026
Randall D. Guynn's testimony outlines the Federal Reserve's approach to balancing financial-sector innovation with safety, emphasizing transparency and public feedback in supervision. He centers on AI, digital assets, and bank–fintech partnerships as the three priority areas, detailing benefits, governance needs, and risks such as explainability and privacy. The speech also describes steps to increase transparency (releasing operating principles and manuals) and notes regulatory actions on digital assets, tokenized securities, and interagency coordination to clarify rules for banks and their technology partners.