JP Morgan always has higher capital liquidity, that is partially to make up for mistakes and problems and obviously its a tough economy. We support an oversight committee, we supported some of the compensation, new compensation rules, though we already follow most of them. We support a lot of it.

Men, age 25 to 55, the labor-force participation rate is down 10%. That's unbelievable. There are 35,000 dying of opioids every year. Seventy percent of kids age 17 to 24 can't get into the US military because of health or education. Obesity, diabetes, reading and writing. Is that the society we wanted? No. We should be working on these things, acknowledge the flaws we have, and come up with solutions. Not Democrat. Not Republican. Not knee-jerk.

I'm a really big believer - this is not a statement about President [Barack] Obama, but whoever is president - that good policy is really important.

Our commercial bank [JPMorgan] is only in the U.S. We are serving what you call SMEs - small businesses, private companies.

You have your own culture and your own ways of doing things. I hope Japan continues on this path.

We represent companies from around the world who say, "I want to look at Japanese companies. I want to invest in Japan."

There are parts [in Dodd-Frank] that I don't agree with. But, in total, it is what it is.