This issue of Supervision in Brief commends John Williams, outgoing San Francisco Fed president and chief executive officer, for his leadership and legacy as he prepares to assume the presidency of the New York Fed. We also provide details on the San Francisco Fed’s presidential search process and offer an online resource to follow the progress. There is a lot of talk about the recent financial regulatory reform law, so we summarize the key points for bankers. Randal Quarles joined the Federal Reserve Board late last year as its vice chairman for supervision. We highlight his recent remarks on important monetary policy and regulatory topics. Finally, we share the latest issue of First Glance 12L, our quarterly report of 12th District banking conditions.