Michael S. Barr: “If politics were to get involved in monetary policy it would dramatically reduce the effectiveness of what the Federal…”

I strongly believe that inflation is far too high today, and I am committed to bringing it down to the Federal Reserve's target of 2 percent.

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

I want to know what the bank executives were doing in the months, weeks, and days leading up to this failure.

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.