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.

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.

I think all governments engage in intelligence gathering vis-a-vis other governments.

China and the U.S. are the two largest importers of oil. They are the two largest emitters of carbon.

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.

One of the things I enjoy the most is fishing.

I've always said, 'I don't want to be irrelevant.'