On the recordMay 3, 2023
No one should assume that the fed can really protect the economy and the financial system, or our reputation globally from the damage that a U.S. default might inflict.
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congress.govEditor's note · Context
Jerome Powell warns against assuming the Fed can prevent economic damage from a U.S. default.
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Oct 14, 2025
the outlook for employment and inflation does not appear to have changed much since our September meeting
Jun 3, 2026
The public would lose faith that the central bank will make decisions based only on what’s best for all Americans.
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