John B. Taylor: “That is why I say it is so important to think about the things like Social Security, to think about the fact that we…”

I have argued that there is a two-sided risk to the quantitative easing in its unwinding.

The Congress, through the Banking Committee and the Financial Services Committee, is in a good position--in fact, it is a unique position in our Government--to oversee monetary policy in a strategic sense, not in a tactical sense.

I think it is very important to do something directly about the too-big-to-fail problem.

I think higher capital requirements are a way to get at this problem, and it may be the easiest way.