Jerome Powell actually said...

We believe that it would be appropriate to have quite a robust Federal role in what happens with stablecoins going forward.

Powell advocates for a strong federal role in regulating stablecoins.

06/20/2023

More Jerome Powell Quotes

We are required by the law now and we are doing this. Dodd-Frank actually required us.

We believe strongly, and always have, in tailoring to address the different size and risk characteristics of financial institutions.

No, I think there are limits built into the law, which I don't have in front of me right now.

Yes, I do.