Political Quotes

Jerome Powell: No, we don't borrow money. We don't shut down the Fed when we have negative income.

On the recordMarch 7, 2023
No, we don't borrow money. We don't shut down the Fed when we have negative income.
Said by
Jerome Powell
Republican · District of Columbia

Editor's note · Context

Powell clarifies that the Fed does not borrow money despite negative income.

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