All Quotes

Welcome, Chairman Powell, for your first appearance before this Committee as Chairman of the Federal Reserve Board of Governors, and congratulations on your confirmation.

Every time a new idea for how to fix the health-care system comes out, it is accused of eliminating pre-existing conditions as well as every other possible attack that can be dreamed up against it.

There are many, many people, millions and millions and millions of people in America, who are in the middle class who own stock.

The stock buybacks have been referenced here as though they were a terrible thing and just benefited really rich people.

I think almost everybody agrees it is at least 25 percent. And many believe it is up as high as 70 percent.

What you are projecting is that, since we did take action and pass some historic and, I think very powerful, tax reform, you expect through your analysis that we could achieve that or get close to that 3-percent rate of growth?

This Committee will always have your backs.

I would ask you to get back to me on recommendations as you refine your evaluation of our current financial legislative system and whether we need to provide further clarification from Congress.

The technology industry has been consistent in advocating against any policies globally that would require companies to turn over or provide access to source code to governments anywhere.

I don't see any specific gaps today.

[w]here does the FSOC see gaps or shortfalls in cybersecurity protection today?

It is critical that personal data is protected by both the Government and industry.

This remains one of my top priorities, and I look forward to continuing to work with the other Members of this Committee.

I have repeatedly stated that the status quo is not a viable option and reforming the housing finance system is one of my key priorities.

Failure is not an option, is not a platitude here.

The only thing I would say to that, though, is, that door swings both ways.

I think some of the--getting this right is one of the most important national security requirements we have.

This bill was first introduced by Senators Cornyn and Feinstein on November 8th to 'modernize and strengthen CFIUS to more effectively guard against the risk to the national security of the United States posed by certain types of foreign…