Michael S. Barr: “I authored an amendment on this issue that was included in the Safe Banking Act, which the House passed in September.”

I do not want to live through it again.

I have legislation, the Chinese Military and Surveillance Company Sanctions Act, that uses the OFAC SDN list to target the financing of military and surveillance companies that act counter to the national security of the United States.

I don't agree with that assessment. I think that capital in general is facilitating strong lending to all communities, and having strong capital in the system is critical for doing that.

I can say the banking system is sound and resilient. I think that was really the right thing to do.