part of President Obama's commitment to prevent Iran from acquiring a nuclear weapon, by raising the cost of Iran's defiance of the international community.

Iran will be required, under a comprehensive solution . . . to dismantle significant portions of its nuclear infrastructure.

I just want to say I am going to be in and out of the hearing but I want to say when I leave, please do not think I am not interested.

I think that has increased our borrowing costs.

The one North Star is economic growth.

Do you believe PIN technology ought to be enabled for credit cards as well?

Restoring robust economic growth in the United States strikes me as one of the best ways to achieve deficit reduction.

I would be eager to work with you... on a variety of both historical and prospective policy tools.

But my specific question was about PINs on debit cards rather than chips.

A broad question, Mr. Rosch, if I might.

publicly discussing the possibility of default, urging default as a negotiating tool in policy debates is--and I think I am quoting you--a 'dangerous gamble.'

a strong and crippling sanctions regime imposed on Iran--in large part, passed by this Congress and enforced by this administration--have brought Iran, at last, to the negotiating table.

I would focus on the here and now question with regard to infrastructure as an important place where I think we believe that the emphasis is important.

That is something I hope we will move on a bipartisan basis.

I frankly also want to draw your attention to manufacturing, a sector I have focused on pretty heavily, that creates good jobs, high-quality jobs that have a great secondary benefit to the community.

My understanding is Germany currently has roughly 70 comparable manufacturing hubs or institutes, so if we could move from 2 to 4 to something like 40, I think that would be a great objective long term.

Thank you for your leadership of the Fed, and thank you for your testimony here today and for your service.

We have a significant infrastructure deficit as well as an innovation deficit because we are underinvesting in R&D.