04/29/2024
https://congress.gov...
"the objective of our policy is to broadly benefit all Americans, especially those who were seeing harm come to them"
"I strongly believe that monetary policy is most effective when the public understands what the Fed is trying to do."
"I would argue that we cannot have normal rates unless the economy is normal."
"We are certainly trying to be faithful to the intent of this rule, which is to eliminate short-term financial speculation in institutions that enjoy the protection of the safety net."