Regulation needs to catch up with innovation.

An open, competitive, and liberalized financial market can effectively allocate scarce resources in a manner that promotes stability and prosperity far better than governmental intervention.

I believe that the root cause of every financial crisis, the root cause, is flawed government policies

Payment systems are critically important for overall market stability. On a typical business day, U.S. payment and settlement systems settle transactions valued at over $13 trillion.

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

As the Indian government has embraced greater economic openness, the creativity and expertise of the Indian workforce has been unleashed onto the world economic stage.

Anticompetitive practices hurt Chinese private firms nearly as much as foreign ones.