---
title: "Meaning & Key Takeaway of: We have put in place policies through…"
description: "\"We have put in place policies through supervision and regulation that has greatly enhanced the safety and soundness of the banking system.\" — Janet Yellen"
image: "https://sms4smile.com/quotes/i/273/janet-yellen-2828_banking-system_we-have-put-in-place-policies-through-su_1895854.png"
---

#  We have put in place policies through supervision and…

![“We have put in place policies through supervision and regulation that has greatly enhanced the safety and soundness of the banking system.” quote by Janet Yellen](https://sms4smile.com/quotes/i/273/janet-yellen-2828_banking-system_we-have-put-in-place-policies-through-su_1895854.png)   [Download](https://sms4smile.com/quotes/i/273/janet-yellen-2828_banking-system_we-have-put-in-place-policies-through-su_1895854.png) [Open image](https://sms4smile.com/quotes/i/273/janet-yellen-2828_banking-system_we-have-put-in-place-policies-through-su_1895854.png)

> “We have put in place policies through supervision and regulation that has greatly enhanced the safety and soundness of the banking system.”

[Janet Yellen](https://sms4smile.com/quotes/author/janet-yellen/)

## About This Quote

This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.

Regulatory policies have significantly improved the banking system's safety and overall health.

**In simple terms:** Regulation makes banks safer.

Key Takeaway

Support strong financial regulation.

Themes

financial stability regulation policy

Mood

analytical cautious

Type

policy economic

When to use this quote

- banking sector
- risk management
- government oversight
- consumer confidence

Key Concepts

economics public policy

Questions to Reflect On

- Are current regulations balanced with growth?
- How can we ensure safety without stifling innovation?

A Different Perspective

Over‑regulation may limit innovation and competition.

★ ★ ★ ★ ★   No ratings yet

[Banking system](https://sms4smile.com/quotes/about/banking-system/) [Enhanced Safety](https://sms4smile.com/quotes/about/enhanced-safety-2767554/) [Place](https://sms4smile.com/quotes/about/place/) [Policies Supervision](https://sms4smile.com/quotes/about/policies-supervision-2767552/) [Put](https://sms4smile.com/quotes/about/put/) [Regulation](https://sms4smile.com/quotes/about/regulation/) [Regulation Greatly](https://sms4smile.com/quotes/about/regulation-greatly-2767551/) [Safety](https://sms4smile.com/quotes/about/safety/) [Soundness Banking](https://sms4smile.com/quotes/about/soundness-banking-2767555/) [Supervision Regulation](https://sms4smile.com/quotes/about/supervision-regulation-2767553/) [System](https://sms4smile.com/quotes/about/system/)

## Related quotes

> [Whether or not you have good consumer protection has a big effect on safety and soundness of the banking community, especially smaller banks.](https://sms4smile.com/quotes/judd-gregg/whether-or-not-you-have-good-consumer-protection-has-a-big-effect-on/)

[Judd Gregg](https://sms4smile.com/quotes/author/judd-gregg/)

> [For my own part, I did not see and did not appreciate what the risks were with securitization, the credit ratings agencies, the shadow…](https://sms4smile.com/quotes/janet-yellen/for-my-own-part-i-did-not-see-and-did-not-appreciate-what-the-risks/)

[Janet Yellen](https://sms4smile.com/quotes/author/janet-yellen/)

> [I lost my club through a series of circumstances and bad luck. The whole banking system collapsing and my foolish bravery didn't help.](https://sms4smile.com/quotes/simon-jordan/i-lost-my-club-through-a-series-of-circumstances-and-bad-luck-the/)

[Simon Jordan](https://sms4smile.com/quotes/author/simon-jordan/)

> [ This crisis started probably due to the freedom they gave to the banks. First President \[Ronald\] Reagan and then President \[Bill\] Clinton. So, for… ](https://sms4smile.com/quotes/costa-gavras/this-crisis-started-probably-due-to-the-freedom-they-gave-to-the/)

[Costa-Gavras](https://sms4smile.com/quotes/author/costa-gavras/)

> [“Pick a leader who will keep jobs in your country by offering companies incentives to hire only within their borders, not one who allows…](https://sms4smile.com/quotes/suzy-kassem/pick-a-leader-who-will-keep-jobs-in-your-country-by-offering/)

[Suzy Kassem](https://sms4smile.com/quotes/author/suzy-kassem/)

> [I confidently predict the collapse of capitalism and the beginning of history. Something will go wrong in the machinery that converts money into money,…](https://sms4smile.com/quotes/margaret-drabble/i-confidently-predict-the-collapse-of-capitalism-and-the-beginning-of/)

[Margaret Drabble](https://sms4smile.com/quotes/author/margaret-drabble/)

> [The smaller man approaching our modern banking system, which controls all issue of credit and therefore pretty well all our industrial and commercial activities,…](https://sms4smile.com/quotes/hilaire-belloc/the-smaller-man-approaching-our-modern-banking-system-which-controls/)

[Hilaire Belloc](https://sms4smile.com/quotes/author/hilaire-belloc/)

> [ Is this complicated, risky \[banking\] system the best we can have? ](https://sms4smile.com/quotes/anat-r-admati/is-this-complicated-risky-banking-system-the-best-we-can-have/)

[Anat R. Admati](https://sms4smile.com/quotes/author/anat-r-admati/)

> [In Africa it's difficult to carry the money, it's difficult to have a banking system with tellers, with distribution of cash. So they are…](https://sms4smile.com/quotes/maurice-levy/in-africa-it-s-difficult-to-carry-the-money-it-s-difficult-to-have-a/)

[Maurice Levy](https://sms4smile.com/quotes/author/maurice-levy/)

> [Italy spills over to everything. Italy is a huge banking system. It has been the major banking system in Eastern Europe. It's worked with…](https://sms4smile.com/quotes/george-friedman/italy-spills-over-to-everything-italy-is-a-huge-banking-system-it-has/)

[George Friedman](https://sms4smile.com/quotes/author/george-friedman/)

> [Until part of your paycheck is regularly paid in Bitcoin, I'm not sure how it would really go mainstream. I can imagine places in…](https://sms4smile.com/quotes/gavin-andresen/until-part-of-your-paycheck-is-regularly-paid-in-bitcoin-i-m-not-sure/)

[Gavin Andresen](https://sms4smile.com/quotes/author/gavin-andresen/)

> [A banking system is an act of faith: it survives only for as long as people believe it will.](https://sms4smile.com/quotes/michael-lewis/a-banking-system-is-an-act-of-faith-it-survives-only-for-as-long-as/)

[Michael Lewis](https://sms4smile.com/quotes/author/michael-lewis/)

> [If you've taken Econ 101, you know that the quantity of money rises only when the banking system makes a net loan.](https://sms4smile.com/quotes/kenneth-fisher/if-you-ve-taken-econ-101-you-know-that-the-quantity-of-money-rises/)

[Kenneth Fisher](https://sms4smile.com/quotes/author/kenneth-fisher/)

> [Historically, usury was defined as any interest whatever on an unproductive loan.Our whole banking system I have ever abhorred, I continue to abhor, and…](https://sms4smile.com/quotes/john-adams/historically-usury-was-defined-as-any-interest-whatever-on-an/)

[John Adams](https://sms4smile.com/quotes/author/john-adams/)

> [If I could wave a magic wand, I'd break up the banking system.](https://sms4smile.com/quotes/kenneth-c-griffin/if-i-could-wave-a-magic-wand-i-d-break-up-the-banking-system/)

[Kenneth C. Griffin](https://sms4smile.com/quotes/author/kenneth-c-griffin/)

## More by Janet Yellen

> [Nationally, the share of mortgages that are underwater fell by about one-half between 2011 and 2014.](https://sms4smile.com/quotes/janet-yellen/nationally-the-share-of-mortgages-that-are-underwater-fell-by-about/)

[Janet Yellen](https://sms4smile.com/quotes/author/janet-yellen/)

> [Will capitalist economies operate at full employment in the absence of routine intervention? Certainly not. Are deviations from full employment a social problem? Obviously.](https://sms4smile.com/quotes/janet-yellen/will-capitalist-economies-operate-at-full-employment-in-the-absence/)

[Janet Yellen](https://sms4smile.com/quotes/author/janet-yellen/)

> [Individuals out of work for an extended period can become less employable as they lose the specific skills acquired in their previous jobs and…](https://sms4smile.com/quotes/janet-yellen/individuals-out-of-work-for-an-extended-period-can-become-less/)

[Janet Yellen](https://sms4smile.com/quotes/author/janet-yellen/)

> [For decades, the pace of technological change in manufacturing has outstripped that in the economy as a whole. And, so, firms - manufacturing firms…](https://sms4smile.com/quotes/janet-yellen/for-decades-the-pace-of-technological-change-in-manufacturing-has/)

[Janet Yellen](https://sms4smile.com/quotes/author/janet-yellen/)

> [For my own part, I did not see and did not appreciate what the risks were with securitization, the credit ratings agencies, the shadow…](https://sms4smile.com/quotes/janet-yellen/for-my-own-part-i-did-not-see-and-did-not-appreciate-what-the-risks/)

[Janet Yellen](https://sms4smile.com/quotes/author/janet-yellen/)

> [It's important for market participants to have a sense of how we think about the economy and the appropriate path of policy, to look…](https://sms4smile.com/quotes/janet-yellen/it-s-important-for-market-participants-to-have-a-sense-of-how-we/)

[Janet Yellen](https://sms4smile.com/quotes/author/janet-yellen/)

> [If there is a job that you feel passionate about, do what you can to pursue that job; if there is a purpose about…](https://sms4smile.com/quotes/janet-yellen/if-there-is-a-job-that-you-feel-passionate-about-do-what-you-can-to/)

[Janet Yellen](https://sms4smile.com/quotes/author/janet-yellen/)

> [Although we work through financial markets, our goal is to help Main Street, not Wall Street.](https://sms4smile.com/quotes/janet-yellen/although-we-work-through-financial-markets-our-goal-is-to-help-main/)

[Janet Yellen](https://sms4smile.com/quotes/author/janet-yellen/)

> [I felt that the Fed had always been the agency that picked up the pieces when there was a financial crisis, and it was…](https://sms4smile.com/quotes/janet-yellen/i-felt-that-the-fed-had-always-been-the-agency-that-picked-up-the/)

[Janet Yellen](https://sms4smile.com/quotes/author/janet-yellen/)

> [Increased business sales would almost certainly raise the productive capacity of the economy by encouraging additional capital spending, especially if accompanied by reduced uncertainty…](https://sms4smile.com/quotes/janet-yellen/increased-business-sales-would-almost-certainly-raise-the-productive/)

[Janet Yellen](https://sms4smile.com/quotes/author/janet-yellen/)

> [There were a lot of manufacturing jobs lost over a long period of time and particularly after - during the Great Recession. We've had…](https://sms4smile.com/quotes/janet-yellen/there-were-a-lot-of-manufacturing-jobs-lost-over-a-long-period-of/)

[Janet Yellen](https://sms4smile.com/quotes/author/janet-yellen/)

> [Uncertainty about sales impedes business planning and could harm capital formation just as much as uncertainty about inflation can create uncertainty about relative prices…](https://sms4smile.com/quotes/janet-yellen/uncertainty-about-sales-impedes-business-planning-and-could-harm/)

[Janet Yellen](https://sms4smile.com/quotes/author/janet-yellen/)

> [Stronger productivity growth would tend to raise the average level of interest rates and, therefore, would provide the Federal Reserve with greater scope to…](https://sms4smile.com/quotes/janet-yellen/stronger-productivity-growth-would-tend-to-raise-the-average-level-of/)

[Janet Yellen](https://sms4smile.com/quotes/author/janet-yellen/)

> [The Federal Open Market Committee (FOMC) is committed to policies that promote maximum employment and price stability, consistent with our mandate from Congress.](https://sms4smile.com/quotes/janet-yellen/the-federal-open-market-committee-fomc-is-committed-to-policies-that/)

[Janet Yellen](https://sms4smile.com/quotes/author/janet-yellen/)

> [To me, the greatest asset of the Fed is the people. We have a tremendously dedicated staff... They feel proud to work for the…](https://sms4smile.com/quotes/janet-yellen/to-me-the-greatest-asset-of-the-fed-is-the-people-we-have-a/)

[Janet Yellen](https://sms4smile.com/quotes/author/janet-yellen/)

[Explore all 148 Janet Yellen quotes ](https://sms4smile.com/quotes/author/janet-yellen/)

## More Banking system quotes

> [If I could wave a magic wand, I'd break up the banking system.](https://sms4smile.com/quotes/kenneth-c-griffin/if-i-could-wave-a-magic-wand-i-d-break-up-the-banking-system/)

[Kenneth C. Griffin](https://sms4smile.com/quotes/author/kenneth-c-griffin/)

> [Historically, usury was defined as any interest whatever on an unproductive loan.Our whole banking system I have ever abhorred, I continue to abhor, and…](https://sms4smile.com/quotes/john-adams/historically-usury-was-defined-as-any-interest-whatever-on-an/)

[John Adams](https://sms4smile.com/quotes/author/john-adams/)

> [If you've taken Econ 101, you know that the quantity of money rises only when the banking system makes a net loan.](https://sms4smile.com/quotes/kenneth-fisher/if-you-ve-taken-econ-101-you-know-that-the-quantity-of-money-rises/)

[Kenneth Fisher](https://sms4smile.com/quotes/author/kenneth-fisher/)

> [A banking system is an act of faith: it survives only for as long as people believe it will.](https://sms4smile.com/quotes/michael-lewis/a-banking-system-is-an-act-of-faith-it-survives-only-for-as-long-as/)

[Michael Lewis](https://sms4smile.com/quotes/author/michael-lewis/)

> [For my own part, I did not see and did not appreciate what the risks were with securitization, the credit ratings agencies, the shadow…](https://sms4smile.com/quotes/janet-yellen/for-my-own-part-i-did-not-see-and-did-not-appreciate-what-the-risks/)

[Janet Yellen](https://sms4smile.com/quotes/author/janet-yellen/)

> [Until part of your paycheck is regularly paid in Bitcoin, I'm not sure how it would really go mainstream. I can imagine places in…](https://sms4smile.com/quotes/gavin-andresen/until-part-of-your-paycheck-is-regularly-paid-in-bitcoin-i-m-not-sure/)

[Gavin Andresen](https://sms4smile.com/quotes/author/gavin-andresen/)

> [Italy spills over to everything. Italy is a huge banking system. It has been the major banking system in Eastern Europe. It's worked with…](https://sms4smile.com/quotes/george-friedman/italy-spills-over-to-everything-italy-is-a-huge-banking-system-it-has/)

[George Friedman](https://sms4smile.com/quotes/author/george-friedman/)

> [In Africa it's difficult to carry the money, it's difficult to have a banking system with tellers, with distribution of cash. So they are…](https://sms4smile.com/quotes/maurice-levy/in-africa-it-s-difficult-to-carry-the-money-it-s-difficult-to-have-a/)

[Maurice Levy](https://sms4smile.com/quotes/author/maurice-levy/)

> [ Is this complicated, risky \[banking\] system the best we can have? ](https://sms4smile.com/quotes/anat-r-admati/is-this-complicated-risky-banking-system-the-best-we-can-have/)

[Anat R. Admati](https://sms4smile.com/quotes/author/anat-r-admati/)

> [The smaller man approaching our modern banking system, which controls all issue of credit and therefore pretty well all our industrial and commercial activities,…](https://sms4smile.com/quotes/hilaire-belloc/the-smaller-man-approaching-our-modern-banking-system-which-controls/)

[Hilaire Belloc](https://sms4smile.com/quotes/author/hilaire-belloc/)

> [I confidently predict the collapse of capitalism and the beginning of history. Something will go wrong in the machinery that converts money into money,…](https://sms4smile.com/quotes/margaret-drabble/i-confidently-predict-the-collapse-of-capitalism-and-the-beginning-of/)

[Margaret Drabble](https://sms4smile.com/quotes/author/margaret-drabble/)

> [“Pick a leader who will keep jobs in your country by offering companies incentives to hire only within their borders, not one who allows…](https://sms4smile.com/quotes/suzy-kassem/pick-a-leader-who-will-keep-jobs-in-your-country-by-offering/)

[Suzy Kassem](https://sms4smile.com/quotes/author/suzy-kassem/)

> [ This crisis started probably due to the freedom they gave to the banks. First President \[Ronald\] Reagan and then President \[Bill\] Clinton. So, for… ](https://sms4smile.com/quotes/costa-gavras/this-crisis-started-probably-due-to-the-freedom-they-gave-to-the/)

[Costa-Gavras](https://sms4smile.com/quotes/author/costa-gavras/)

> [I lost my club through a series of circumstances and bad luck. The whole banking system collapsing and my foolish bravery didn't help.](https://sms4smile.com/quotes/simon-jordan/i-lost-my-club-through-a-series-of-circumstances-and-bad-luck-the/)

[Simon Jordan](https://sms4smile.com/quotes/author/simon-jordan/)

> [The peculiar essence of our banking system is an unprecedented trust between man and man. And when that trust is much weakened by hidden…](https://sms4smile.com/quotes/walter-bagehot/the-peculiar-essence-of-our-banking-system-is-an-unprecedented-trust/)

[Walter Bagehot](https://sms4smile.com/quotes/author/walter-bagehot/)

[Browse all 115 Banking system quotes ](https://sms4smile.com/quotes/about/banking-system/)

```json
{
    "@context": "https://schema.org",
    "@graph": [
        {
            "@type": "Quotation",
            "text": "We have put in place policies through supervision and regulation that has greatly enhanced the safety and soundness of the banking system.",
            "creator": {
                "@type": "Person",
                "name": "Janet Yellen"
            },
            "isPartOf": {
                "@id": "https://sms4smile.com/quotes/#website"
            },
            "url": "https://sms4smile.com/quotes/janet-yellen/we-have-put-in-place-policies-through-supervision-and-regulation-that/",
            "about": {
                "@type": "Thing",
                "name": "Banking system"
            },
            "@id": "https://sms4smile.com/quotes/janet-yellen/we-have-put-in-place-policies-through-supervision-and-regulation-that/#quotation",
            "image": {
                "@type": "ImageObject",
                "@id": "https://sms4smile.com/quotes/i/273/janet-yellen-2828_banking-system_we-have-put-in-place-policies-through-su_1895854.png",
                "contentUrl": "https://sms4smile.com/quotes/i/273/janet-yellen-2828_banking-system_we-have-put-in-place-policies-through-su_1895854.png",
                "url": "https://sms4smile.com/quotes/i/273/janet-yellen-2828_banking-system_we-have-put-in-place-policies-through-su_1895854.png",
                "width": 1080,
                "height": 1080,
                "caption": "“We have put in place policies through supervision and regulation that has greatly enhanced the safety and…” — Janet Yellen",
                "creditText": "SMS4Smile Quotes",
                "creator": {
                    "@id": "https://sms4smile.com/quotes/#organization"
                }
            }
        },
        {
            "@type": "BreadcrumbList",
            "itemListElement": [
                {
                    "@type": "ListItem",
                    "position": 1,
                    "name": "Home",
                    "item": "https://sms4smile.com/"
                },
                {
                    "@type": "ListItem",
                    "position": 2,
                    "name": "Quotes",
                    "item": "https://sms4smile.com/quotes/"
                },
                {
                    "@type": "ListItem",
                    "position": 3,
                    "name": "Janet Yellen",
                    "item": "https://sms4smile.com/quotes/author/janet-yellen/"
                },
                {
                    "@type": "ListItem",
                    "position": 4,
                    "name": "We have put in place policies...",
                    "item": "https://sms4smile.com/quotes/janet-yellen/we-have-put-in-place-policies-through-supervision-and-regulation-that/"
                }
            ],
            "@id": "https://sms4smile.com/quotes/janet-yellen/we-have-put-in-place-policies-through-supervision-and-regulation-that/#breadcrumb"
        },
        {
            "@type": "WebSite",
            "@id": "https://sms4smile.com/quotes/#website",
            "name": "SMS4Smile Quotes",
            "url": "https://sms4smile.com/quotes/",
            "publisher": {
                "@id": "https://sms4smile.com/quotes/#organization"
            }
        },
        {
            "@type": "Organization",
            "@id": "https://sms4smile.com/quotes/#organization",
            "name": "SMS4Smile Quotes",
            "url": "https://sms4smile.com/quotes/",
            "logo": {
                "@type": "ImageObject",
                "url": "https://sms4smile.com/quotes/wp-content/themes/sq/assets/icons/icon-512.png",
                "width": 512,
                "height": 512
            }
        }
    ]
}
```