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Jerome Powell: Regulate Crypto

Posted by admin on Friday, October 1, 2021

Jerome Powell Money Quote saying cryptocurrency is similar to money market funds and should be regulated the same. Jerome Powell said:

Stablecoins are like money market funds, they’re like bank deposits. But they’re to some extent outside the regulatory perimeter, and it’s appropriate that they be regulated Quote

“Stablecoins are like money market funds, they’re like bank deposits. But they’re to some extent outside the regulatory perimeter, and it’s appropriate that they be regulated” — Jerome Powell

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Here’s the money quote 💸#FederalReserve Chair #JeromePowell very clear that he has no intention to BAN #cryptocurrencies but they will regulate 👇#bitcoin #dogecoin #Ethereum #crypto pic.twitter.com/OAzJbh1pjk

— Susan Li (@SusanLiTV) September 30, 2021

Jerome Powell: Monetary Politics

Posted by admin on Saturday, December 22, 2018

Jerome Powell Money Quote as Federal Reserve Chairman on December 19, 2018 after Donald Trump complains about the latest fractional percentage rate hike – then speaks with White House staff about firing him. Jerome Powell said:

“Political considerations play no role whatsoever in our discussions or decisions about monetary policy” — Jerome Powell

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