It is absolutely the case that Congress will need to authorize the Federal Reserve to issue a CBDC.
The buck stops at the board on supervision, not at San Francisco Reserve Bank, although they are involved.
I will make sure that there is enough time for Governors to review the final proposal
We believe that it would be appropriate to have quite a robust Federal role in what happens with stablecoins going forwa...
We at the Fed remain squarely focused on our dual mandate to promote maximum employment and stable prices for the Americ...
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 b...
the United States' Federal budget is on an unsustainable path, which means that the debt is growing faster than the econ...
Climate change poses profound challenges for the global economy and the financial system.
I think that is a pretty good guess of what will happen if the economy performs about as expected.