"I don't think our primary purpose as supervisors is a cop on the beat. It's more like a fire warden; make sure that the institution is well run so that, you know, it's not going to catch on fire and burn down."
New York Fed president, disagreeing with Sen. Elizabeth Warren's characterization of bank regulators as cops
"Risk identification without follow-up is the equivalent of a fireman seeing a fire but not acting on it."
Former Fed bank examiner, on an Inspector General report that found the New York Fed spotted risks at JPMorgan Chase years before the $6.2 billion London Whale loss, but failed to act
"Street did for the housing market, you'll love what they're doing for commodities."
U.S. Senator, D-Michigan, at a committee hearing on the banking industry's' role in the physical commodities markets
"They did create online banking, but they did it at banking speed. Now they have to operate at Silicon Valley speed."
Senior partner in McKinsey's global payments practice, arguing that banks must innovate faster with tech giants like Apple and Google nipping at the payments business
"We're killing each other."
BB&T chairman and CEO, urging banks to stop loosening credit standards so much to win commercial loan business
Admiral Michael Rogers
"You can just do literally almost anything you want, and there isn't a price to pay for it."
Director of the National Security Agency, on the country's lack of action in response to cyberattacks on U.S. firms
"It seems this was nothing less than intimidation."
President of Kroll Bond Rating Agency, contending that rival Moody's lowballed its rating on a community bank's bonds to scare other banks
"We are kind of in a Ping-Pong match between financial inclusion and avoiding regulatory scrutiny, and we are the ball."
Managing director for financial crimes enforcement at JPMorgan Chase, on mixed signals from regulators about banking risky businesses like payday lenders
"If we fail on this, we sure hope they'll let us know."
Federal Reserve Board governor, promising to keep stress tests out of community banks and urging bankers to complain if examiners seek one