Political Quotes

On the recordJuly 23, 2025
It is a big risk to our independence if we were to stray into areas where we shouldn’t that really aren’t part of our mandate.
Said by
Jerome Powell
Republican · District of Columbia

Editor's note · Context

Powell discusses the risks of the Federal Reserve addressing climate change.

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More from Jerome Powell

Jun 19, 2025

Today, the amount of the tariff effects — the size of the tariff effects, their duration and the time it will take are all highly uncertain.

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Jun 19, 2025

From my standpoint, it’s not complicated. What everyone on the [Federal Open Market Committee] wants is a good, solid American economy with strong labor market and price stability. That’s what we want.

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Jun 24, 2025

The effects on inflation could be short lived — reflecting a one-time shift in the price level.

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