Jerome Powell actually said...

I intend to preserve the Federal Reserve's independence, which I see as essential for us to achieve our congressionally mandated goals.

Powell emphasizes the importance of the Fed's independence for achieving its goals.

11/27/2017

More Jerome Powell Quotes

Where there is same activity, there really ought to be same regulation.

We are following it very, very closely, and I think you have put your finger on it, this is a problem more for smaller banks.

the United States' Federal budget is on an unsustainable path, which means that the debt is growing faster than the economy.

It is absolutely the case that Congress will need to authorize the Federal Reserve to issue a CBDC.