Political Quotes

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…

As I have mentioned, it is a cost of these policies and it is one that we take very seriously.

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.

If it doesn't achieve the objective of eliminating too-big-to-fail, I think we ought to come back and decide or ask Congress whether they might take additional steps.