Michael S. Barr: “I have legislation, the Chinese Military and Surveillance Company Sanctions Act, that uses the OFAC SDN list to target…”

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.

Yes. I have been consistent in saying both that the system is strong and that we also need to think about stronger capital rules.

The argument for why regulation and monetary policy are both at the Fed is that it is supposed to inform each other.

The report that we released suggests that both the Board in Washington and the San Francisco Fed did not hold up the bank with enough pressure.