From the very start, I thought there were four key principles that the agency should focus on: driving private investment, driving innovation, promoting competition, and protecting consumers.
Sentiment: POSITIVE
We believe in individual initiative, personal responsibility, opportunity, freedom, small government, the Constitution. These principles, these American principles are key to getting our economy back to being successful and leading the world.
I see four principles as laying the foundations for the kind of economic recovery Europe needs: fairness, efficiency, solidarity and growth.
In business, we use certain principles to measure performance, and I envision applying those principles in the public sector.
My focus and that of all members of the Government responsible for delivering services to the public is to make sure that the public sector can use all the skills it needs to do the job the public wants it to do.
Our objective in regulation should be to put in place tough enough regulation and capital and liquidity standards that we level the playing field and make it costly.
To foster entrepreneurship, expansion and job creation, more leaders at all levels of government have to demonstrate some understanding of what it takes to build and grow businesses in the private sector.
If you're going to run a public company, be absolutely certain of what the parameters are, what the clarity is, that you can explain it to yourselves and explain it externally.
One of the market's virtues, and the reason it enables so much peaceful interaction and cooperation among such a great variety of peoples, is that it demands of its participants only that they observe a relatively few basic principles, among them honesty, the sanctity of contracts, and respect for private property.
Respect public investors and treat them as partners and important constituents.
I have three very simple principles. I don't like conflicts of interest; they should be eliminated or disclosed. I believe in transparency, that people have to really not just know but understand what they're buying and selling. And that you have to have enough capital to back up your promises.