Jerome Powell said...

The authority to shut down an institution or hold a hearing about it I believe is triggered by a criminal conviction.

Powell explains the legal basis for shutting down banks.

03/06/2013

More Jerome Powell Quotes

In effect, we went on hold when we saw the size of the tariffs, and essentially all inflation forecasts for the United S...

There are no new water features, there’s no beehives, and there’s no roof terrace gardens

I want to hand over to my successor an economy in good shape.

I won’t bow to political pressure when it comes to setting monetary policy.