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I will maintain the position that, long-term, a strong and dependable dollar is in the best interests of the United States while recognizing that, at times over the long-term, that may not be the case.

I think the Fed is not designed to have effective tools to deal with the economy. It should settle for just controlling the money supply. And - if it insists, it can worry about inflation.

The Fed's policy choices can always be debated, but the quality and commitment of the Federal Reserve as a public institution is second to none, and I am proud to lead it.

As treasury secretary, I don't see it as my role commenting on the dollar in short-term movements.

The Federal Reserve's job is to do the right thing, to take the long-run interest of the economy to heart, and that sometimes means being unpopular. But we have to do the right thing.

The Fed is the biggest enemy of this economy. In fact, Ben Bernanke, as far as I'm concerned, he's public enemy No. 1. We're never going to have a recovery while this guy's in charge.

Obviously, I haven't succeeded in defusing the political concerns about the Fed.

I am not a monetarist, and I am not a Keynesian. On certain points I agree with each.

I'm just opposed to a pure inflation-only mandate in which the only thing a central bank cares about is inflation and not employment.