While primary responsibility for addressing climate change itself rests with elected officials, we are committed to working within our existing mandates and authorities to address the implications of climate change.
Powell emphasizes the role of elected officials in climate change while stating the Fed's commitment.
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What keeps me awake at night is how do we get that done? I want to hand over to my successor an economy in good shape, and so do all of my colleagues, that's all we ever want.
Overall, while the labor market appears to be in balance, it is a curious kind of balance that results from a marked slowing in both the supply of and demand for workers.
Job growth, he said, has slowed considerably and that the downside risks to employment are rising.
If we're going to do that successfully, we need to do it in a completely nonpolitical way, which means we don't take sides, we don't play one side against the other, we stay out of issues that are really not our bailiwick.
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