Michael S. Barr: “I do think it is a mistake to rely on only one form of capital rule.”

The research shows that there is no basis for the conclusion that low-income or moderate-income households were responsible for causing the financial crisis.

I think congressional oversight is absolutely essential, but I would not pursue the particular legislation that you have described.

I think we need to take a good, hard look inside at the Federal Reserve, at our supervision, at our regulation.

The Congress needs to increase the debt ceiling. There are no other options around that.