Jerome Powell: “I think history has treated President Bush very well, and appropriately so.”

We're trying to deliver macro stability, financial stability, economic stability for the benefit of all the people.

It is not a foregone conclusion

Everyone that I know is forecasting a meaningful increase in inflation in coming months from tariffs.

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.