John B. Taylor: “I believe it raises questions about why an independent agency of government should be taking on responsibilities that…”

I certainly don't want to--want my grandkids to see the crisis scenario, in which the interest rate on the debt will skyrocket abruptly because investors will no longer have confidence in our government's ability to pay its bills.

Do you want to live on $7.25 an hour? Try that out.

The Financial Institution Bankruptcy Act would work better, in my view, as a resolution device than Title II of Dodd-Frank.

The whole idea of bailouts is that people get advantage and that it creates huge risk-taking and huge moral hazard.