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.
I have spent most of my career in the private sector, and what I observed was that really successful institutions in the United States--companies, organizations--generally are those that do a really good job on diversity and get the best…
I think my confidence in that is lower than it was because of the data that we've seen.
It is well past time we all have an adult conversation about fiscal responsibility.
It is well past time we all have an adult conversation about fiscal responsibility.
It is well past time we all have an adult conversation about fiscal responsibility.
So our part of it is to try to get inflation under control, and that is what we are doing, and ideally we will do that with as little as possible damage to the economy and the labor market
So our part of it is to try to get inflation under control, and that is what we are doing, and ideally we will do that with as little as possible damage to the economy and the labor market
It is absolutely the case that Congress will need to authorize the Federal Reserve to issue a CBDC.
It is absolutely the case that Congress will need to authorize the Federal Reserve to issue a CBDC.
The strong majority of the committee believes that it will be appropriate to raise the Federal funds rate again once or twice by the end of the year.
We want, in particular, the GSIBs, the eight largest banks, to have high levels, very high levels of capital and liquidity.
I certainly think that our supervision has been shown to have been lax in not being assertive enough.
I will make sure that there is enough time for Governors to review the final proposal
The buck stops at the board on supervision, not at San Francisco Reserve Bank, although they are involved.
I would say we are committed, and I am personally committed, to learning the right lessons from what happened in Silicon Valley Bank and the other two failures.
We expect modest growth going forward, growth below the sort of longer run growth rate of the United States economy.
I still think that those capital hikes we made in the last cycle come through looking pretty good.
the United States' Federal budget is on an unsustainable path, which means that the debt is growing faster than the economy.
It is absolutely the case that Congress will need to authorize the Federal Reserve to issue a CBDC.
climate change is going to be a very important issue for a long time, and it needs to be addressed principally by elected people because it has enormous distributive consequences.
We do consider inequality in the economy as part of our thinking about decisions, and those are certainly highly-valuable social goals to pursue.





