Jerome Powell actually said...

I think a more protectionist approach to trade, if it is sustained over a period of time, has not historically been good for economies.

Trade is really the business of Congress, and Congress has delegated some of that to the Executive Branch.

It is unsustainable to have effectively the U.S. housing finance system on the government's books for the long run.

I think it is very clear that some countries, and China in particular, have less open trading systems than we would like.