Michael S. Barr: “the Department of Justice is picking winners and losers in the marketplace.”

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

I believe that it should be the sense of Congress that the policy of the United States is to prevent from Iran from obtaining a nuclear weapon by all means necessary.

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…

Community banks are exempt from this proposal. It only covers the top 37 banks in the country.