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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I would agree that climate is the biggest risk.

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I want to hand over to my successor an economy in good shape.

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So we didn't overreact — in fact, we didn't react at all. We're simply taking some time.

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I won’t bow to political pressure when it comes to setting monetary policy.

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