All Quotes

The strong majority of the committee believes that it will be appropriate to raise the Federal funds rate again once or twice by the end of the year.

We need to be able to be nimble and more forceful, where appropriate.

I would say we are committed, and I am personally committed, to learning the right lessons from what happened in Silicon Valley Bank and the other two failures.

I certainly think that our supervision has been shown to have been lax in not being assertive enough.

I will make sure that there is enough time for Governors to review the final proposal

We want, in particular, the GSIBs, the eight largest banks, to have high levels, very high levels of capital and liquidity.

It is absolutely the case that Congress will need to authorize the Federal Reserve to issue a CBDC.

Congress needs to provide adequate funding to Federal agencies to bolster their workforce and by providing workers adequate compensation, offering comparable benefits, and exploring other steps to attract the next generation of Federal…

For more than a decade... congressional Republicans or their Majorities have sought to severely constrain the Federal budget.

We are following it very, very closely, and I think you have put your finger on it, this is a problem more for smaller banks.

The United States' Federal budget is on an unsustainable path, which means that the debt is growing faster than the economy.

I think that is a pretty good guess of what will happen if the economy performs about as expected.

The financial impacts that result from the economic impacts of climate change and the transition to a lower carbon economy pose an emerging risk to the safety and soundness of financial institutions and the financial stability of the…

Climate change poses profound challenges for the global economy and the financial system.

Climate change is going to be a very important issue for a long time, and it needs to be addressed principally by elected people because it has enormous distributive consequences.

We don't see it as at all appropriate for us to tell banks what legal businesses they can lend to; that is not our role.

We are watching that very carefully. Bank credit conditions have been tightening for a year.

Price stability is the responsibility of the Federal Reserve, and without it, the economy does not work for anyone.