Political Quotes

We all agree that the burden of regulation falls particularly heavily on small community banks which don't have the resources to manage those regulations very effectively.

A default by the U.S. Government would be extremely disruptive.

It was not evident that Section 716 makes the company as a whole safer, and what we do see is that it will likely increase costs to people who use the derivatives and make it more difficult for the bank to compete with foreign competitors…

GSE-type organizations are not essential to successful mortgage financing. Indeed, many other industrial countries without GSEs have achieved homeownership rates comparable to that of the United States. One device that has been widely used…