Ryan F. Quarles: “I don't think that we should be weakening the CRA.”

That is probably the highest priority item that we have, discussing ways to ensure that our systems are resilient.

If Congress does choose to provide a guarantee for mortgages, I would urge that the guarantee be explicit and transparent, done in a manner that protects taxpayers, and apply to securities not institutions.

The Federal Reserve, along with the other U.S. banking agencies, has made substantial progress in building stronger regulatory and supervisory programs since the global financial crisis.

I think that you can actually have more effect in really supporting the low- and moderate-income portions of the communities.