There is a very real danger that financial regulation will become a wolf in sheep's clothing.
In terms of the overall economy, we've got challenges and the big focus has got to be on recovery, on repair, and that's going to take a while.
There are some things that you can work on immediately.
India is a vibrant nation whose strength lies in its commitment to equal rights and to speech, religious and economic freedoms that enrich the lives of all citizens. India is not only the world's largest democracy; it is also a secular, pluralistic society committed to inclusive growth.
As a Christian Scientist, I don't go to doctors and get diagnoses.
In China, export lobbies have fought for policies that favor their interests and limit foreign competition.
It is the policy of the federal government to use all resources at its disposal to make our financial system stronger.
One of the things I enjoy the most is fishing.
China needs a currency that reflects underlying economic fundamentals.
I didn't get the charm gene.
Anticompetitive practices hurt Chinese private firms nearly as much as foreign ones.
The first priority is to make sure we have capital to continue to have capital available to put into the financial system. That's the first priority.
China and the U.S. are the two largest importers of oil. They are the two largest emitters of carbon.
One of the most constant aspects of American life is change - and nowhere is it more evident than in our financial markets.
There are two issues that people sometimes confuse, but they're very closely related. There is the strength and the stability of the American financial system. And it's very important that that system remain stable and remain strong and lending is very important to consumers. Secondly, the economy. And what has gone on in financial system is impacting the economy. And as the economy is turning down, it is very important that lending continue to be available and be available to consumers. So what we're doing with this facility is to support - is to support consumer lending.
U.S. exports to China have more than quintupled since China entered the WTO and have grown more quickly than imports. In fact, China is America's fastest-growing export market.
The worst is likely to be behind us.
I see the underlying economy as being very healthy.
I believe that the root cause of every financial crisis, the root cause, is flawed government policies
Buying a home today is a complex process, but that in no way excuses home buyers from their obligation for due diligence.
As the Indian government has embraced greater economic openness, the creativity and expertise of the Indian workforce has been unleashed onto the world economic stage.
The U.S. didn't save enough; we borrowed a lot. There were structural imbalances in Asia with exporters, with oil exporters for a whole variety of things.
A Fed loan to Lehman Brothers would not have prevented a bankruptcy.
I don't think a bankruptcy is a good thing.
I understand how important the automakers are to America. And I understand a bankruptcy; a failure in that industry wouldn't be a good thing. It's something we should avoid.
