Re: "Do Safety and Soundness and Consumer Protection Really Conflict?" [March 30]: Up to now, the answer to that question indeed has nearly always been no. If Congress creates a new independent (read: "unaccountable") federal financial consumer bureau the answer would increasingly be yes. That would be unfortunate for the safe and sound supervision of banks and for the nation.

Currently, both safety and soundness and consumer protection are part of an integrated program of bank supervision. No surprise, then, that few examples can be found of conflicts between the two. Our integrated regulatory program works to prevent such conflicts. Differences in perspectives are kept from becoming differences in policy, becoming instead part of a coordinated program. That is to say, all things considered together, there is no reason for a conflict.

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