Jerome Powell actually said...

As a public institution, we must be transparent about our actions so that the public, through its elected representatives, can hold us accountable.

Emphasizing the importance of transparency in public institutions.

02/12/2018

More Jerome Powell Quotes

In the rules before us, we are applying the discretion granted to us by the Economic Growth Regulatory Relief and Consumer Protection Act.

We believe strongly, and always have, in tailoring to address the different size and risk characteristics of financial institutions.

Yes, I do.

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