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

I and others were mistaken early on in saying that the subprime crisis would be contained. The causal relationship between the housing problem and the broad financial system was very complex and difficult to predict.

I generally leave the details of fiscal programs to the Administration and Congress. That's really their area of authority and responsibility, and I don't think it's appropriate for me to second guess.

The lesson of history is that you do not get a sustained economic recovery as long as the financial system is in crisis.

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

I think that having good data, good statistics-and the United States generally has better macroeconomic statistics than most countries-and having good economists to interpret those data and present the policy alternatives, has a substantially beneficial effect on policymaking in the United States.

The central bank needs to be able to make policy without short term political concerns.