In terms of the overall economy, we've got challenges and the big focus has got to be on recovery, on repair, and that's going to take a while.

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

My preference is for the Federal Reserve to be the systemic risk regulator, because the responsibility for identifying and limiting potential problems is a natural complement to its role in monetary policy.

There is no way to stabilize the markets other than through government intervention.

I never once considered that it was appropriate to put taxpayer money on the line in resolving Lehman Brothers.

In terms of the overall economy, we've got challenges and the big focus has got to be on recovery, on repair, and that's going to take a while.

China needs a currency that reflects underlying economic fundamentals.