Michael S. Barr: “Fundamentally, we must end 'too big to fail' as an approach for dealing with the largest financial firms when they are…”

I strongly believe that inflation is far too high today, and I am committed to bringing it down to the Federal Reserve's target of 2 percent.

We will definitely be looking into that. And we retain enforcement authority to go after people at the bank who violated the law, or who breached their fiduciary duty, or who engaged in unsafe and unsound practices, and we will hold them…

I share your outrage about it. I just want to make sure we get to the facts.

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