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Jerome Powell actually said...

the overwhelming majority of municipal borrowers are investment grade, and we did limit the facility to that.

Context

Powell explains the Federal Reserve's criteria for municipal borrowing.

12/01/2020

https://congress.gov...

More Jerome Powell Quotes

the only way we can sort of win in the international competition is by having the best educated, most productive workforce in the world.
2/28/2018
We are strong believers in this tool, including for institutions of $100 to $250 billion.
2/28/2018
Any kind of discrimination by race or gender or any other unfair basis in lending is completely unacceptable.
2/28/2018
Adding $1.5 trillion to the deficit would make a bad situation worse.
2/28/2018

View All Jerome Powell Quotes

Jerome  Powell
in office

usa, District of Columbia

486 Quotes

PartyRepublican

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