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

The first priority is to make sure we have capital to continue to have capital available to put into the financial system. That's the first priority.

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.

What I've said repeatedly is, 'I think the auto industry is a very important industry.'

A Fed loan to Lehman Brothers would not have prevented a bankruptcy.

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

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.