Michael S. Barr: “I trust the judicial system in this country. I don't always agree with it.”

We are playing right into China's strategy.

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.

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.

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