Michael S. Barr: “The responsibility of bank management is to take the monetary policy, the interest rate world around it, and to respond…”

I want to know what the bank executives were doing in the months, weeks, and days leading up to this failure.

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 definitely want innovation in our banking system. Innovation has been critical to having a thriving financial sector and a thriving economy.

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