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" I've never been antiregulation. I've always believed that raw, unregulated capitalism doesn't work. "

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" Let's not forget, what TARP did allowed us to move overnight and put capital into hundreds of banks, and that money came back plus $32 billion. "

" If the financial system collapses, it's really, really hard to put it back together again. "

" I do not believe the United States and the Americans are going to let Donald Trump become president... I think the challenge is Donald Trump, with his anti-China rhetoric and with his anti-trade rhetoric, is going to make the job for all of us more difficult going forward. "

" Our overriding goal in restructuring our financial architecture should be that taxpayers never again have to save a failing financial institution. "

" I prefer to work at the policy level, on trying to fix flawed government policies. "

" What began as a subprime lending problem has spread to other, less risky mortgages and contributed to excess home inventories that have pushed down home prices for responsible homeowners. "

" If a financial institution has business operations in the United States, hires people in the United States, if they are clogged with illiquid assets, they have the same impact on the American people as any other institution. "

" I was secretary of the Treasury when the credit bubble burst, so I think it's fair to say that I know a little bit about risk, assessing outcomes, and problem-solving. "

" We need a new tax system. We need entitlement reform. We need immigration reform. These are not easy things. But it is going to take our political system working better. "

" China saves too much, produces too much, sells too much to Americans and consumes too little. "

" An AIG failure would have been devastating to the financial system and to the economy. "

" When the financial system works as it should, money and capital flow to and from households and businesses to pay for home loans, school loans, and investments to create jobs. "

" The financial security of all Americans - their retirement savings, their home values, their ability to borrow for college, and opportunities for more and higher-paying jobs - depends on our ability to restore our financial institutions to sound footing. "

" The income disparity is a huge issue. And I think that the only solution to this - there is no easy solution - are fundamental changes. That the world is changing quicker than our policies are changing. And we need the kinds of policies that will let us have a competitive economy going forward. "

" We have institutions that have been allowed to become too big to fail because we had all kinds of flaws in our financial infrastructure, in the whole way over-the-counter derivatives work. "

" We must limit the perception that some institutions are either too big or too interconnected to fail. "

" Sovereign wealth fund money should be welcomed. The only way not to welcome that money is when it's politically driven. "

" When I left the Treasury, there was a poll that showed - and I don't remember the numbers exactly right - something like 90% of the people were against TARP. It prevented a disaster, but you don't get credit for a disaster that people don't see. "

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

" If the only way you can do well is working more hours than someone else, you're going to lose out because there's always going to be someone who is going to work more. "

" China needs a currency that reflects underlying economic fundamentals. "

" My preference is for the Federal Reserve to be the systemic risk regulator, because the responsibility for identifying and limiting potential problems is a natural complement to its role in monetary policy. "

" When you're boiling in oil, in the middle of a crisis, the challenges are so consuming there is no time for anything else. "

" I'm a straightforward person. I like to be direct with people. "

" America is the land of opportunity. We need to be vigilant in ensuring that each and every American has the opportunity to acquire the skills to compete and to see those skills rewarded in the marketplace. "

" Many of the Western democracies - including the U.S. - have a problem that voters want benefits they don't want to pay for. "

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

" If AIG collapsed, it would have buckled our financial system and wrought economic havoc on the lives of millions of our citizens. "

" In China, export lobbies have fought for policies that favor their interests and limit foreign competition. "

" Regulation needs to catch up with innovation. "