Jerome Powell actually said...

I think that we have a mandate to ensure the safety and soundness of financial institutions, and that involves making sure that they manage and understand all of the risks that they face, which includes climate change risks.

Context

Powell affirms the Fed's responsibility to address climate change risks.

02/23/2021

https://congress.gov...

More Jerome Powell Quotes

We are going to guard that border carefully, and we are going to stick to our role and not try to be policymakers.
3/7/2023
That is right.
3/7/2023
We are required by the law now and we are doing this. Dodd-Frank actually required us.
3/7/2023
What needs to change is we need to get inflation under control so that interest rates can come back down.
3/7/2023

View All Jerome Powell Quotes