Jerome Powell: “the most successful postcrisis innovation for bank regulation.”

When you significantly slow the growth of the labor force, you will slow the growth of the economy.

I have nothing for you on that today.

If we're going to do that successfully, we need to do it in a completely nonpolitical way, which means we don't take sides, we don't play one side against the other, we stay out of issues that are really not our bailiwick.

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