On the recordFebruary 23, 2021
I do think that is an area that is worth looking at.
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congress.govI do think that is an area that is worth looking at.
Jerome Powell emphasizes the importance of affordable child care for economic recovery.
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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.
We're trying to deliver macro stability, financial stability, economic stability for the benefit of all the people.
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.