Michael S. Barr: “I do think the banking system is sound and resilient.”

We definitely want innovation in our banking system. Innovation has been critical to having a thriving financial sector and a thriving economy.

The Congress needs to increase the debt ceiling. There are no other options around that.

Shouldn't this be a more transparent public Board meeting and a deliberative process that includes all members of the Board?

The answer is that the Biden Administration allowed this to happen by pursuing a policy of weakness and appeasement that allowed Iran to finance this invasion.