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.

Economics is a highly sophisticated field of thought that is superb at explaining to policymakers precisely why the choices they made in the past were wrong. About the future, not so much.

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.

The people who best use their advantages, or overcome adversity, and work honestly are those most worthy of admiration.

It must be awfully frustrating to get a small raise at work and then have it all eaten by a higher cost of commuting.

Among the largest banks, the capital ratios remain good and I don’t expect any serious problems . . . . among the large, internationally active banks that make up a very substantial part of our banking system.

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