Michael S. Barr

Community banks are exempt from this proposal. It only covers the top 37 banks in the country.

We definitely want innovation in our banking system. Innovation has been critical to having a thriving financial sector and a thriving economy.

I personally oppose it quite significantly. I think it is, I would use a technical term, 'dumb,' the way they describe their rule.

The answer is that the Biden Administration allowed this to happen by pursuing a policy of weakness and appeasement that allowed Iran to finance this invasion.

I believe that it should be the sense of Congress that the policy of the United States is to prevent from Iran from obtaining a nuclear weapon by all means necessary.

Shouldn't this be a more transparent public Board meeting and a deliberative process that includes all members of the Board?

We are playing right into China's strategy.

The bank did respond to regulator citations but those responses were insufficient.

Yes, I do think that bank mismanagement was at the core of this.

I don't agree with that assessment. I think that capital in general is facilitating strong lending to all communities, and having strong capital in the system is critical for doing that.

I do think the banking system is sound and resilient.