Michael S. Barr: “I have said repeatedly that banks, according to our rules, are well-capitalized today. Our banking system is sound and…”

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.

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

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.

Overall, our banking system is sound and resilient.