[Virtual Currencies] may hold long-term promise, particularly if the innovations Promote a faster, more secure and more efficient payment system.

With respect to their safety, derivatives, for the most part, are traded among very sophisticated financial institutions and individuals who have considerable incentive to understand them and to use them properly.

I served seven years as the chair of the Princeton economics department where I had responsibility for major policy decisions, such as whether to serve bagels or doughnuts at the department coffee hour.

The Fed is totally open.

In the future, my communications with the public and with the markets will be entirely through regular and formal channels.

I don't think that Chinese ownership of U.S. assets is so large as to put our country at risk economically.

Developments in financial markets can have broad economic effects felt by many outside the markets.