Michael S. Barr: “If we really care about helping the unbanked, it would be to provide them with greater diversity in the financial…”

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

They failed in basic measures of interest rate risk and liquidity risk.

I can say the banking system is sound and resilient. I think that was really the right thing to do.

We are playing right into China's strategy.