Jerome Powell: “We believe that it would be appropriate to have quite a robust Federal role in what happens with stablecoins going…”

What keeps me awake at night is how do we get that done? I want to hand over to my successor an economy in good shape, and so do all of my colleagues, that's all we ever want.

We do not take into account the fortunes of any political party or politician.

without the ability to pay interest on reserves, the Fed would lose control over rates

I’m very focused on just doing my job.