Ben Bernanke: “It's no way to run a railroad.”

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

Right now our concern is that the Chinese currency policy is blocking what might be a more normal recovery process in the global economy, and it is to an extent hurting our recovery.

Financial risk tends to migrate around regulatory obstacles like a river flows around rocks.

Congress did not intend for the Federal regulators to discard the State risk-based capital system in favor of a banking capital regime.