Michael S. Barr: “I think congressional oversight is absolutely essential, but I would not pursue the particular legislation that you have…”

I have said repeatedly that banks, according to our rules, are well-capitalized today. Our banking system is sound and resilient.

I think we need to take a good, hard look inside at the Federal Reserve, at our supervision, at our regulation.

We are playing right into China's strategy.

I do not want to live through it again.