I agree with people who say we want more income equality; we want more consumer protection; and we want sounder banks. I agree with all that.

Companies are returning a lot of money to shareholders through dividends and buybacks. And a lot of people say that's not a good use of capital. I think that's normal reallocation of capital.

There is a lot of focus on that first rate move, and I'm not sure how important that is.

I know the President [Barack Obama]. I like him and respect him. That does not mean I agree with all of our government's policies, whether they come from Democrats or Republicans.

We had a lot of gridlock on a lot of issues. But, the American system is pretty resilient.

The country [India] is doing far better.

I've been regulated my whole life. We have progressive taxes. It's not a free-market free-for-all. I completely understand that society has a perfectly legitimate right to put in structures and regulations and rules that make it fairer, better, cleaner.