Jerome Powell actually said...

the overall response of society to climate change...has to come from elected officials in Congress and also in executive branch under existing law.

Powell emphasizes the need for Congress to address climate change.

02/22/2021

More Jerome Powell Quotes

It is absolutely the case that Congress will need to authorize the Federal Reserve to issue a CBDC.

we don't see it as at all appropriate for us to tell banks what legal businesses they can lend to; that is not our role.

I strongly agree.

Price stability is the responsibility of the Federal Reserve, and without it, the economy does not work for anyone.