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The IMF and other multilateral institutions do not appear to have prevented nations from manipulating the value of their own currencies.
Any reductions we have in upper-income taxes will be offset by less deductions so that there will be no absolute tax cut for the upper class.
To the extent the dollar gains strength relative to other currencies, assets priced in those other currencies would become cheaper on a dollar basis.
There will be a big tax cut for the middle class. But any tax cuts we have for the upper class will be offset by less deductions that will pay for it.
The strength of the dollar has historically been tied to the strength of the U.S. economy and the faith that investors have in doing business in America.
We've been in the business of regional banking, and we understand what it is to make loans, and that's the engine of growth to small and medium sized business.
Our most important priority is sustained economic growth, and I think we can absolutely get to sustained 3% to 4% GDP, and that is absolutely critical for the country.
The most troubling loan we had was actually to the 'Octomom'. That was a terrible situation, and we worked very, very hard to move her to another home that they could afford.
If you look at Apple... They are sitting on hundreds of billions of dollars in cash, and they go out and borrow money against their overseas bank accounts. This makes no sense.
We are going to have an integrated plan and work closely between commerce and treasury to make sure that we drive growth in this country. Our number one priority is sustained 3-4% GDP.
We gotta get Fannie and Freddie out of government ownership. It makes no sense that these are owned by the government and have been controlled by the government for as long as they have.
Since I was first nominated to serve as Treasury Secretary, I have been maligned as taking advantage of others' hardships in order to earn a buck. Nothing could be further from the truth.
Separating out banks and investment banks right now under Glass-Steagall would have very big implications to the liquidity and the capital markets and banks being able to perform necessary lending.
I will maintain the position that, long-term, a strong and dependable dollar is in the best interests of the United States while recognizing that, at times over the long-term, that may not be the case.
Look, there is no question the Hollywood crowd predominantly supports Democrats. But within Los Angeles, there's a big community, and there's a large community of support for the Republican party and Republican candidates.
The number one problem with Dodd-Frank is it's way too complicated, and it cuts back lending, so we want to strip back parts of Dodd-Frank that prevent banks from lending, and that will be the number one priority on the regulatory side.
I support the Volcker rule, but there needs to be proper definitions around the Volcker rule so that banks can understand exactly what they can do and what they can't do, and that they can provide the necessary function of liquidity in customer markets.