I understand how important the automakers are to America. And I understand a bankruptcy; a failure in that industry wouldn't be a good thing. It's something we should avoid.

Economic growth and environmental protection are not at odds. They're opposite sides of the same coin if you're looking at longer-term prosperity.

In just about every area of society, there's nothing more important than ethics.

I don't think a bankruptcy is a good thing.

Our overriding goal in restructuring our financial architecture should be that taxpayers never again have to save a failing financial institution.

It's a safe banking system, a sound banking system. Our regulators are on top of it. This is a very manageable situation.

China needs a currency that reflects underlying economic fundamentals.