At the World Economic Forum in Davos, Cohn warned that over-regulation of banks could push risky investments and activities into the hands of less regulated institutions like hedge funds, the Financial Times reports.

FORBES: Goldman Exec Wants More Regulation--Of Hedge Funds, Not Banks

And we are constantly looking for more ways that we can push the banks and the credit markets to get money into the hands of small and medium-sized businesses who create the majority of jobs.

WHITEHOUSE: President Obama Closes Forum on Jobs and Economic Growth