“Operational risk is the risk of loss resulting from bank operational failures, such as rogue traders, fraudulent sales practices, and cyber risks. Operational risk capital is money or assets that banks have to hold to shield the economy from the consequences of these kinds of failures.”

American politician and Marine Corps combat veteran

Seth Wilbur Moulton is an American politician and Marine Corps combat veteran who has served as the U.S. representative for Massachusetts's 6th congressional district since 2015. He is a member of the Democratic Party. His district covers much of Boston's northern suburbs, including Andover, Marblehead, Peabody, and Salem, where he grew up. As a public figure, he is known for his work in Congress and his background in military service, with remarks that often reflect politics and public life.