Political Quotes

On the recordJuly 9, 2025
I won’t bow to political pressure when it comes to setting monetary policy.
Said by
Jerome Powell
Republican · District of Columbia

Editor's note · Context

Powell asserts independence from political influence on monetary policy decisions.

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More from Jerome Powell

Jun 24, 2025

The threat of worsening inflation, plus the uncertainty Trump has generated through his trade war and immigration policies, are causing the Fed to adopt a wait-and-see approach.

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May 4, 2023

We should not even be talking about a world in which the U.S. does not pay its bills.

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Many, many companies do expect to put all or — some of the effect of tariffs through to the next person in the chain, and ultimately, to the consumer.

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I wouldn’t want to point to a particular meeting. I don’t think we need to be in any rush because the economy is still strong.

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