A single agency responsible for systemic risk would be accountable in a way that no regulator was in the run-up to the 2008 crisis. With access to all necessary information to monitor the markets, this regulator would have a better chance of identifying and limiting the impact of future speculative bubbles.

Every global concern - economic, environmental or security-related - can be addressed more effectively when the U.S. and China work together.

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

I have great, great confidence in our capital markets and in our financial institutions. Our financial institutions, banks and investment banks, are strong. Our capital markets are resilient. They're efficient. They're flexible.

It is the policy of the federal government to use all resources at its disposal to make our financial system stronger.

Even if you don't have the authorities - and frankly I didn't have the authorities for anything - if you take charge, people will follow.

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.