Jun 21, 2017
I agree with Mr. Curry and believe they should be entirely exempt from Volcker Rule compliance.
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.
congress.gov
Jun 21, 2017
I would be wary of prescriptive things like limiting dividends and that sort of thing.
Jun 21, 2017
I do not think what we are talking about here amounts to deregulation or broad deregulation.
Jun 21, 2017
We need a resilient, well-capitalized, well-regulated financial system that is strong enough to withstand even severe shocks and support economic growth by lending through the economic cycle.
Jun 21, 2017
I do not support and we do not support reducing risk-based capital requirements.
Apr 13, 2016
We do not want our banks to turn into Government mutual funds, where they hold only Government securities.
Apr 13, 2016
It is very clear that banks have reduced their portfolios of fixed-income securities.
Apr 13, 2016
I cited that and referred to that in my testimony, so I do not think you can take any single piece of research as wholly dispositive.
Apr 13, 2016
I think it is, to me, very clear that financial institutions are much stronger, safer, sounder, more resilient, better capitalized, more liquidity, less risky, and all of those things than they were before the financial crisis and…
Politicians like Jerome Powell
