On March 20, Mr. Cohen appeared on CNBC's Squawk on the Street to discuss the current environment for financial institutions and regulators. “We have a debate about... how the regulatory regime should be implemented in the examination process. Should it be done with confrontation and suspicion or should it be done with healthy skepticism and independence?” said Mr. Cohen. “I am relatively confident that what we saw in the past is not going on today. Banks have put an enormous amount of resources into improving culture and compliance.”