When You Have A Big,

One Of The Things I Enjoy The Most Is Fishing.

A Single Agency Responsible For Systemic Risk Would Be Accountable In A Way That No Regulator Was In The Run-up To The 2008 Crisis. With Access To All Necessary Information To Monitor The Markets, This Regulator Would Have A Better Chance Of Identifying And Limiting The Impact Of Future Speculative Bubbles.

The U.s. Didn't Save Enough; We Borrowed A Lot. There Were Structural Imbalances In Asia With Exporters, With Oil Exporters For A Whole Variety Of Things.

China Saves Too Much, Produces Too Much, Sells Too Much To Americans And Consumes Too Little.

The First Priority Is To Make Sure We Have Capital To Continue To Have Capital Available To Put Into The Financial System. That's The First Priority.