Ben Bernanke: “Does this need to get done so that institutions know what the appropriate boundaries are?”

monetary policy is not a panacea, so there is still plenty of room for Congress to address some of these problems

As I have said many times, I think that fiscal policy is focusing a bit too much on the short run, and not enough on the long run.

Finding a way to deal with that issue I think is the most challenging part but has the biggest payoff.

The crisis was an enormous waste of resources, and unsafe practices by large financial institutions pose a risk not just to themselves but to the rest of society.