these regulations [that have been imposed since the 2008 financial crisis] are new and we should be willing to adjust them as we learn.

I think every study does consider the question--every study I have seen--I have not read them all, but I have read a lot of them--every study that I have seen does consider the question and consider regulation as one of a series of factors.

I do not know that there is a tradeoff, and I think, again--I do not want to look at the pre-crisis levels of liquidity as any kind of a benchmark.

The authority to shut down an institution or hold a hearing about it I believe is triggered by a criminal conviction.

It is the heart of their jurisdiction to decide who gets prosecuted and for what.

It is absolutely fundamental that we are all equal before the law, and that is why we are all committed to ending too big to fail.

It is fundamental in this country that everyone is equal before the law.

The incentives to deal seriously with compliance are large in the wake of these latest events.

This is our system, and I think the obligation is on us to play as a team and to collaborate.

I have grown increasingly concerned about our ever more unsustainable fiscal position.

The timing of the exit from the balance sheet and from the highly accommodative monetary policy generally is one of the most critical questions that we would face.

I was deeply involved in addressing these serial crises and in the major legislation that followed.