Thomas M. Hoenig, vice chairman of the Federal Deposit Insurance Corporation, presents a speech on “Finding the Right Balance,” the final keynote remarks of his six-year term as a member of the Board of the FDIC. Hoenig discusses the increasing complexities of banking, the experience of recurring crises, short-run versus long-run choices, and the trend in banking supervision toward using the administrative process over simpler prudential standards. The event took place on March 28, 2018, at the Peterson Institute for International Economics. For more information, visit: