Jerome Powell actually said...

I want to begin by expressing my appreciation for my predecessor, Chair Janet Yellen, and her important contributions.

Transparency is the foundation for our accountability, and I am committed to clearly explaining what we are doing and why we are doing it.

I would just say our own job is to focus not on fiscal policy, but on monetary policy, and so that is our frame of reference.

We take a very serious view of any kind of racial discrimination in lending.