We will do that. I will say, though, that monetary policy as a tool is famously a broad--it is a broadly effective tool.
Jerome Powell
The Public Record
Jerome Powell is the 16th Chair of the Federal Reserve, having been appointed to the position in February 2018. He is a member of the Republican Party and has played a significant role in shaping U.S. monetary policy during his tenure. Powell's leadership has been marked by efforts to navigate the economy through challenges such as inflation and employment fluctuations, particularly in the wake of the COVID-19 pandemic. He has emphasized the importance of balancing the pace of monetary policy adjustments to avoid both inflationary pressures and job losses in the labor market.
the overall response of society to climate change...has to come from elected officials in Congress and also in executive branch under existing law.
But, more generally, Senator, I think focusing on things that will make a longer-run difference to our economy is what I would do.
I also think it is important for businesses as well that they have a climate where they can trust, you know, that inflation is going to be under control and that business conditions are going to be good and that they can invest.
I agree with Federal Reserve Chairman Jerome Powell that it is important for financial regulators to assess all the risks facing the financial system, including risks from climate change.
It would be very helpful and very important that there be additional fiscal support for the economy.
I like to think of it as a bridge over this chasm that was created by the pandemic.
the overwhelming majority of municipal borrowers are investment grade, and we did limit the facility to that.
I just would say that, for example, the municipal facility--the level of municipal borrowing is set to exceed the all-time annual record this year, and that is because of the backstop of this facility.
We are trying to get as much of the economy and as many of the workers across that bridge to the post-pandemic economy.
Climate change is an important issue. I want to say that society's broad response to climate change really has to come from elected Representatives.





