"I am a big believer in preserving monetary independence or independence for the monetary authorities."
"None of the terrorist attacks that have occurred in the United States since 9/11 have been undertaken by the refugees or immigrants from the seven countries that are named in the executive order."
"At the end of the day, we are just sort of asking for some scrutiny here."
"I have struggled to get either Justice or any of the regulators or anybody to say that one simple way..."
"This is really about people's faith in organizations like yours and like the one that you're testifying in front of today."
"the only thing standing between us and this meaning being meaningless and between them believing that the banking system doesn't work is trust and faith in the fact that it does."
"a lot of us subscribe to a point of view held by much of the economic profession, which is that this place, the Congress, abdicated its economic role in 2010 in favor of austerity"
"many of us appreciate the position that the Fed was put into, and many of us will go to the mat to defend the Fed against the many ideas that would damage the monetary policy independence of the Fed"
"the narrative, as it has developed, is that is true, and that is a question to you."
"I don't think we can build an entire regulatory structure around a Madoff possibility."
"With the exception of the American Recovery Act, which was profoundly controversial and partisan here, Congress has utterly and completely abnegated its role to conduct the kind of fiscal policy that ..."
"Since then, since 2009, the Congress has completely abdicated the role that economists across the political spectrum would say we should do, which is to continue with classic fiscal stimulus."