Today's early FedSpeak is a reminder that the Fed Board of Governors actually has someone that is focused specifically on financial stability for banks. Governor Daniel K. Tarullo specializes in regulatory reform and is working to improve the financial system. He noted this morning that the Fed has a publicized dual mandate of maintaining sustainable low unemployment with low inflation. But he also reminded that the Fed has the obligation to maintain financial stability. He sees progress on capital requirements under Basil III for U.S. banks, indicating that banks are making progress on increased capitalization for times of financial distress.