Political Quotes

Jerome Powell: The buck stops at the board on supervision, not at San Francisco Reserve Bank, although they are involved.

On the recordJune 21, 2023
The buck stops at the board on supervision, not at San Francisco Reserve Bank, although they are involved.
Said by
Jerome Powell
Republican · District of Columbia

Editor's note · Context

Powell emphasizes accountability in bank supervision lies with the board, not just the local reserve.

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