The Fed should not be responding to the ups and downs of the markets, and it is certainly not our policy to do so. But when there are significant financial developments, it's incumbent on us to ask ourselves what is causing them.

We necessarily operate in an environment in which there's a great deal of uncertainty. In such an environment, it makes sense to use a risk-management approach to identify and avoid the big mistakes. That's one reason I favor a cautious approach.

We will watch very carefully what is happening in the economy and adjust policies appropriate.

The Global Financial Crisis and Great Recession posed daunting new challenges for central banks around the world and spurred innovations in the design, implementation, and communication of monetary policy.

Transparency concerning the Federal Reserve's conduct of monetary policy is desirable because better public understanding enhances the effectiveness of policy. More important, however, is that transparent communications reflect the Federal Reserve's commitment to accountability within our democratic system of government.

I've been collecting rocks since I was 8 and have over 200 different specimens.

We need to increase the transparency of shadow banking markets so that authorities can monitor for signs of excessive leverage and unstable maturity transformation outside regulated banks.

The Federal Reserve's monetary policy objective is to foster maximum employment and price stability. In this regard, a key challenge is to assess just how far the economy now stands from the attainment of its maximum employment goal.

The future path of the federal funds rate is necessarily uncertain because economic activity and inflation will likely evolve in unexpected ways. For example, no one can be certain about the pace at which economic headwinds will fade. More generally, the economy will inevitably be buffeted by shocks that cannot be foreseen.

Access to capital is important for all firms, but it's particularly vital for startups and young firms, which often lack a sufficient stream of earnings to increase employment and internally finance capital spending.

Although we work through financial markets, our goal is to help Main Street, not Wall Street.

In the long run, outsourcing is another form of trade that benefits the U.S. economy by giving us cheaper ways to do things.

Productivity depends on many factors, including our workforce's knowledge and skills and the quantity and quality of the capital, technology, and infrastructure that they have to work with.

I hope I will be a good Attorney General, but one of the things that will be as important to me is to know that I made a commitment to my family and honored it, a commitment that has been repaid 10,000 times over.

My father was born in Denmark. He came to this country when he was 12 years old.

America, in all its institutions, whether it be the family or government, has forgotten and neglected its children.

I know from personal experience what it's like to be discriminated against. I remember people telling me, 'Ladies don't become lawyers,' and now I look at America and know what can be done.

Though the Attorney General of the United States carries many responsibilities and undertakes many tasks, there can be none more important than the pursuit of civil rights on behalf of all the people of this country.

Schools can do extraordinary things given the chance; teachers can do remarkable things if we eliminate the paperwork that sometimes binds them and give them a chance to really teach in our schools.

We've got to understand that the ages of zero to three are the most formative years of a person's life, the time they learn the concept of reward and punishment and develop a conscience, and that 50 percent of all learned human response is learned in the first year of life.

I love lawyers. And I like to talk to lawyers, and I like to engage in a spirited discussion with lawyers.

I'm a scuba diver but not certified.

Lawyers are very important people to me.

The law is very special to me.