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

The challenge for the Congress and the Administration is to put the Federal budget on a sustainable long-run path that promotes economic growth and stability without unnecessarily impeding the current recovery.

Congress, I hope, has the foresight to see that interest rates will not be this low forever.

Dodd-Frank has a pretty comprehensive strategy for addressing too-big-to-fail.

Although monetary policy is working to promote a more robust recovery, it cannot carry the entire burden of ensuring a speedier return to economic health.

I don't think the economy is overheating.

I sincerely believe our central bank's actions have provided critical support for our Nation's economic recovery.

A significant portion of this effect is related to the automatic spending sequestration that is scheduled to begin on March 1st.

As you know, health care is a very complicated subject and nobody has a single answer.

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…

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.

We want to deploy it in ways that have the greatest benefit for the least cost.

The point here is to stimulate the economy, create some forward momentum in growth and employment.

I have--you know, it is easy to criticize, but the politics is very difficult.

the CBO agrees that the Federal Reserve's balance sheet policies are with very high probability going to be a very significant boom to the taxpayer in terms of returns to the Treasury.

I agree that no individual and no institution should be exempt from paying for crimes that they commit.

Dodd-Frank is a very big, complicated piece of legislation in an area proving difficult is the push-out provision for derivatives.

We have not been able to identify with accuracy the quantitative impact of uncertainty about policy.

The sizes of deficits and debt matter, of course, but not all tax and spending programs are created equal with respect to their effects on the economy.

To promote economic growth in the longer term, and to preserve economic and financial stability, fiscal policy makers will have to put the Federal budget on a sustainable long-run path.

the Congress ought to think carefully about how it taxes and spends and try and achieve the best outcomes it can

I would very much like to have the confidence that we could close down a large institution without causing damage to the rest of the economy.

I think getting rid of too big to fail is an incredibly important objective and we are working in that direction.

We are not engaged in a currency war. We are not targeting our currency.

I know you are trying, and I hope that you can find the agreement to see these important objectives.