Banking, I would argue, is the most heavily regulated industry in the world. Regulations don't solve things. Supervision solves things.

Shale gas, if left to flourish, could create several hundred thousand more jobs.

Ships are a strange kind of commodity because they're very lumpy, very big individual units, but they're commodities.

What is worrisome about that is the U.S. standard of living. I think it is very difficult to envision our standard of living being preserved if we are in an economy where all people do is flip hamburgers, wait on people in stores, and sue each other. It’s not much of a basis for an economy.

I'm pro-trade, but I'm pro-sensible trade, not pro-trade that is to the disadvantage of the American worker.

Banking, I would argue, is the most heavily regulated industry in the world. Regulations don't solve things. Supervision solves things.

You cannot just keep borrowing more and more and keep spending more and more without eventually having a day of reckoning.