KeenBrain
KeenBrain
KeenBrain

Jerome Powell Quotes


Share this page on

Quotes by Jerome Powell

Showing 51-60 of 92 Quotes by Jerome Powell

We do take seriously our obligation to assess whether our reforms are achieving their desired effects without imposing unnecessary burden.

~Jerome Powell

Topics: None

Keywords: None


Suggest an Edit


Cite the source


Save to Favorites


Collect


The Federal Reserve is not charged with designing or evaluating proposals for housing finance reform. But we are responsible for regulating and supervising banking institutions to ensure their safety and soundness, and more broadly for the stability of the financial system.

~Jerome Powell

Topics: None

Keywords: None


Suggest an Edit


Cite the source


Save to Favorites


Collect


The overwhelming majority of new mortgages are issued with government backing in a highly concentrated securitization market. That leaves us with both potential taxpayer liability and systemic risk.

~Jerome Powell

Topics: None

Keywords: None


Suggest an Edit


Cite the source


Save to Favorites


Collect


Congress created Fannie Mae in 1938 and Freddie Mac in 1970. For many years, these institutions prudently pursued their core mission of enhancing the availability of credit for housing.

~Jerome Powell

Topics: None

Keywords: None


Suggest an Edit


Cite the source


Save to Favorites


Collect


Loss-absorbing capacity among banks is substantially higher as a result of both regulatory requirements and stress testing exercises.

~Jerome Powell

Topics: None

Keywords: None


Suggest an Edit


Cite the source


Save to Favorites


Collect


Higher capital requirements increase bank costs, and at least some of those costs will be passed along to bank customers and shareholders. But in the longer term, stronger prudential requirements for large banking firms will produce more sustainable credit availability and economic growth.

~Jerome Powell

Topics: None

Keywords: None


Suggest an Edit


Cite the source


Save to Favorites


Collect


A risk-insensitive leverage ratio can be a useful backstop to risk-based capital requirements. But such a ratio can have perverse incentives if it is the binding capital requirement because it treats relatively safe activities, such as central clearing, as equivalent to the most risky activities.

~Jerome Powell

Topics: None

Keywords: None


Suggest an Edit


Cite the source


Save to Favorites


Collect


Liquidity problems can occur in central clearing, even if all counterparties have the financial resources to meet their obligations, if they are unable to convert those resources into cash quickly enough.

~Jerome Powell

Topics: None

Keywords: None


Suggest an Edit


Cite the source


Save to Favorites


Collect


We need a national focus on increasing the sustainable growth rate of our economy.

~Jerome Powell

Topics: None

Keywords: None


Suggest an Edit


Cite the source


Save to Favorites


Collect


I support adjustments designed to enhance the efficiency and effectiveness of regulation without sacrificing safety and soundness or undermining macroprudential goals.

~Jerome Powell

Topics: None

Keywords: None


Suggest an Edit


Cite the source


Save to Favorites


Collect


Biography

Nationality: American

Type: Public Servant

Born: February 4th, 1953

Links

Find Jerome Powell on Amazon

Related Authors

Clara Barton
Robert Bork
John Foster Dulles
Wyatt Earp
Alexander Haig
Eric Holder
J. Edgar Hoover
Elizabeth Warren

Popular Authors

Emily Dickinson Bill Gates Patrick Henry Thomas Jefferson Bruce Springsteen Lao Tzu Kurt Vonnegut Malala Yousafzai

Change your beliefs...change your life.

Get a related quote or insight every day.

(it's 100% free)

Follow Us On

Today's Birthdays

1938 - Kofi Annan

1947 - Robert Kiyosaki

1732 - David Rittenhouse

1859 - Edmund Husserl

1869 - Harvey Cushing

1888 - Dennis Chavez

1892 - Mary Pickford

1896 - E. Y. Harburg

1903 - Ilka Chase

1911 - Emil Cioran

Birthdays on April 8th
All Birthdays

Popular Topics

Brainy Imagination Marriage Movies Nature Relationship Saint Patrick's Day Society