I think certainly it would be very tough on the rural communities and, you know, I think we would feel that at the national level, too.
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.
That is right, and I just would reiterate our commitment to this particular supervisory stress test.
I think wages are set in the marketplace between workers and companies, and they are affected by a range of factors.
We owe you, and the public in general, clear explanations of what we are doing and why we are doing it.
If it results in higher tariffs, then I think--you know, I hardly need to tell you what higher tariffs would do for agricultural producers.
I think it is really important for the longer run that we get the housing finance system off the Federal Government's balance sheet and using market forces and some of the things that are already in place and carry forward some kind of a…
I think, you know, what you have assigned us is literally maximum employment and stable prices, and also financial stability.
I assure you that diversity will remain a high priority objective for the Federal Reserve.





