Michael S. Barr: “The Federal Reserve's independence is longstanding, and I think quite critical to its effectiveness as a nonpartisan…”

Overall, our banking system is sound and resilient.

I think congressional oversight is absolutely essential, but I would not pursue the particular legislation that you have described.

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

We are playing right into China's strategy.