Michael S. Barr: “I believe that it should be the sense of Congress that the policy of the United States is to prevent from Iran from…”

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

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

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.