I strongly agree. As I indicated--well, let me say more generally, I think if you look around the globe in modern times and you consider every country that has gone through a period of chronic high inflation or hyperinflation, what you…

I want to be completely clear that I strongly oppose 'audit the Fed.'

this is up to Congress to consider.

If the Fed were to raise rates too soon, Senator, we would risk undermining a recovery that is really just taking hold.

Eventually debt-to-GDP will begin to rise and deficits will increase again as the population ages and Medicare, Medicaid, and Social Security get to be a larger share of GDP under current programs.

Our work is not finished.

I do not favor expanding the Fed's discount window to broker-dealers and nonbanks.

Even after the Committee ends these purchases, the Federal Reserve's sizable holdings of longer-term securities will help maintain accommodative financial conditions, thus supporting further progress in returning employment and inflation…

As the FOMC stated in 2012, I believe, we issued a set of exit principles in which one of the principles was that over time we sought to normalize the size of our balance sheet and to bring it down to the smallest level consistent with the…

The existence of such a large pool of partly unemployed workers is a sign that labor conditions are worse than indicated by the unemployment rate.

I think a community banker can add a great deal to the work that we do.