Michael S. Barr: “I thought it was really quite admirable the way Republicans and Democrats worked together on that legislation.”

Yes. I have been consistent in saying both that the system is strong and that we also need to think about stronger capital rules.

The research shows that there is no basis for the conclusion that low-income or moderate-income households were responsible for causing the financial crisis.

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

I do not want to live through it again.