I think the politics have gotten better in the United States, which makes it easier to pass legislation, budgets and treaties.

JPMorgan was already, for the most part. Our businesses at JPMorgan share the same cash-management systems. The commercial bank, the private bank, the retail bank, they all use the branches. The cash-management system moves the money around the world - for global corporations, and for you, the consumer, too.

You can design a mortgage system that is different without a Fannie and Freddie, but there are principles you have to have, to have a good system.

Manipulating currencies is when you're going into the marketplace and buying something in large amounts to depress the value of the currency.

Economies of scale are a good thing. If we didn't have them, we'd still be living in tents and eating buffalo.

I am struck that so many of our leaders in the U.S. forget how strong our country can be.

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.