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" Complexity and interconnectedness matter as much as size in assessing risk in banking. "

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" I see nothing easy in Washington. I see either analytically simple things that are politically complex or those that are politically complex and analytically complex. I mean, look at immigration reform, you know? It is, I think, analytically easy, but politically very, very complex and very difficult. "

" From the time the kids were in upper grade school and middle school, we took trips over the Christmas break to nature-focused places, such as the Okefenokee Swamp and Cumberland Island in Georgia; Costa Rica; Maho Bay campground in St. John, Virgin Islands; the llanos of Venezuela; the southern coast and highlands of Belize. "

" As a steward of the U.S.economy and financial systems, the Treasury has helped lay the groundwork for the American economy to become a model of strength, flexibility, dynamism, resiliency. This is a system that generates growth, creates jobs and wealth, rewards initiative, and fosters innovation. "

" I've got to say our banking system is a safe and a sound one. And since the days when we've had federal deposit insurance in place, we haven't had a depositor who's got less than $100,000 in an account lose a penny. So the American people can be very, very confident about their accounts in our banking system. "

" I'm telling you that there is no silver bullet to keep home prices from going down or to prevent all foreclosures. "

" Size is the enemy of excellence in investment banking, particularly when you are trying to put together two different cultures. "

" When I worry about risks, I worry about the biggest ones, particularly those that are difficult to predict - the ones I call small but deep holes. While odds are you will avoid them, if you do fall in one, it's a long way down and nearly impossible to claw your way out. "

" China has a more assertive, proactive foreign policy as its interests are growing around the world. "

" I think history shows that countries have to have some kind of a threshold level of economic success before they begin to have the means and the will to focus on the environment. "

" I look forward to the day when China has a truly market-determined solution... To get there, you need to have a currency that is market-determined, an open capital market, and you are going to need a competitive, open financial system. "

" There is a very real danger that financial regulation will become a wolf in sheep's clothing. "

" Buying a home today is a complex process, but that in no way excuses home buyers from their obligation for due diligence. "

" As the Indian government has embraced greater economic openness, the creativity and expertise of the Indian workforce has been unleashed onto the world economic stage. "

" No bank should be too big or too complex to fail, but almost any bank is too big to liquidate quickly, particularly in the midst of a crisis. "

" Every good businessman or woman carefully analyzes all the available facts before making a decision. "

" I've long believed the environmental issue is an economic issue and a political issue. The three are entwined. You can't build prosperity on any basis other than a long-term basis, and you can't do that if you don't have a healthy environment. "

" I hope to help the Indian government advance their economic reform agenda, which will benefit India's citizens and the world. "

" I think it is asking a lot for regulators to be perfect - because they won't be. "

" I supported some very, very objectionable things in terms of bailouts or rescues, but I did it not for Wall Street, but for the American people. "

" Taxpayer money should not have to be spent to save a misguided and mismanaged enterprise. "

" For market discipline to constrain risk effectively, financial institutions must be allowed to fail. Under optimal financial regulatory and financial system infrastructures, such a failure would not threaten the overall system. "

" Non-bank financial institutions provide credit that is essential to U.S. businesses and consumers. "

" It is the policy of the federal government to use all resources at its disposal to make our financial system stronger. "

" When you have a big, ugly problem, there's never going to be a neat, elegant solution that is totally painless or without a cost. "

" My dad was somewhat of a naturalist and used to teach us about different birds and trees. So did a fifth grade teacher who made a lasting impact on me; to this day, I remember his lessons about counting the needles on pine trees, seeing if they are twisted or straight, and about checking the tips of oak leaves to see if they are pointed or lobed. "

" I've been through periods of stress, turbulence in the market for over the course of my career, various times, and never in any of those other periods have we had the advantage of a strong economy underpinning the markets. "

" I'd have liked to have been another Faulkner, of course. "

" When it comes to the presidency, I will not vote for Donald Trump. "

" All of us would like to have our children and their grandchildren grow up with at least the level of prosperity that we had. In the U.S., we seem to be very selfish because the older generation is not making the sacrifices. "

" The idea of being Treasury secretary in the abstract appealed to me, but my initial inclination was that it wasn't right for me to take that step. "