Jerome Powell: “In the rules before us, we are applying the discretion granted to us by the Economic Growth Regulatory Relief and…”

If any administration finds a way to remove Fed officials over policy differences, then future administrations will do so as well.

As long as the U.S. economy is in solid shape, the prudent thing to do is to wait and learn more and see what the effect might be.

Stopping sooner could have made some difference, but not likely enough to fundamentally alter the trajectory of the economy

We do not take into account the fortunes of any political party or politician.