Tim Geithner: “I think a necessary part of the solution for the U.S. financial system will be a more effective body to bring together…”

This is not beyond our capacity, as a country, to solve.

It would be better for the country for Congress to provide some certainty about how we are going to address these long-term fiscal problems.

Again, our overall objective, and this has to be our shared objective, is to have the private markets, banks and investors, bear more of the risk in housing finance, not less of the risk.

One of the most important things the Congress did is to say, 'We're going to establish a level playing field across banks and nonbanks.'