Political Quotes

I think it is consistent with our mandate and with our current policy to maintain price stability, and that is what we have been achieving.

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.

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…

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…