Last year, Governor Brainard repeatedly insisted that inflation was transitory.

Inflation is a tax that is eroding Americans' paychecks every day.

I do not think the data supports the contention. I do not think that is well correlated, that is to say the rate of inflation and the extent to which an industry is consolidated.

This policy contemplates more mortgages for higher-risk borrowers, repurposing the GSE as instrumentalities of social policy.

The Fed should look at employment numbers on a, quote, 'disaggregated basis,' end quote.

I am concerned the Administration is seeking to use FHFA and the GSEs to take on more risk for taxpayers and expand affirmative action into housing.

In fact, it is necessary for the well-being of the working families of Pennsylvania and America that we bring about price stability.

But with Congress' help, Chairman Powell acted swiftly and appropriately to stabilize the financial markets and the economy.

I wonder if you could comment on the fact that if we had three or even four 25-basis-point increases in overnight rates we would still, in my view, have a very accommodative stance with negative real short-term rates.

Every month that goes by in which inflation, in the form of consumer prices, is growing faster than wages are gaining is a month in which workers are falling behind.

If Congress were to authorize, and the Fed were to pursue a central bank digital dollar, is there anything about that that ought to preclude well-regulated, privately issued stablecoins from coexisting with a central bank digital dollar?

Chairman Powell, congratulations on your renomination. As I have said, I intend to vote in favor of extending your chairmanship.

I think it is very important that this Committee and Congress understand how the Fed reaches decisions to engage in political advocacy.

There is broad bipartisan backing for Chairman Powell's renomination because he has a record of acting thoughtfully and constructively, especially in some very difficult circumstances.

I would certainly hope that we would not automatically use it.

I worry that the Fed's decision to continue to use these policies, well after the crisis had passed... increases the risk of normalizing a behavior like this bond buying.

It was, and still is, abundantly clear that those regulatory reforms did not come at the expense of financial stability.

There's broad bipartisan backing for Chairman Powell's renomination because he has a record of acting thoughtfully and constructively, especially in difficult circumstances.

I think that is a very important point.

I worry that making CDBG-DR a permanent program without a more comprehensive review of disaster assistance will only ensure that this wasteful trend continues.

it's so critical that FEMA and HUD share information so that there isn't a duplication of benefits.

I do not think anybody disputes the idea of when a disaster strikes you want to immediately flood the zone with resources to ameliorate the situation as much as you can.

So theoretically, CDBG-DR is only available when it becomes clear that all the other resources the Federal Government provides for a particular emergency are insufficient.

In my view, we ought to be discussing whether such spending through HUD is appropriate in the first place, not making it permanent.

I saw a headline this morning that 12 children were among the 74 killed by that storm.