---
title: "3 Banks Quotes By Jerome Powell"
description: "3 Banks quotes by Jerome Powell. Plus more from Jerome Powell and more Banks sayings from other authors."
image: "https://sms4smile.com/quotes/i/4bb/jerome-powell-7353_community_by-fostering-the-economic-health-and-vit_1175472.jpg"
---

> [By fostering the economic health and vitality of local communities throughout the country, community banks play a central role in our national…](https://sms4smile.com/quotes/jerome-powell/by-fostering-the-economic-health-and-vitality-of-local-communities/)

[Jerome Powell](https://sms4smile.com/quotes/author/jerome-powell/)

[Image](https://sms4smile.com/quotes/i/4bb/jerome-powell-7353_community_by-fostering-the-economic-health-and-vit_1175472.jpg)

> [Community banks are a crucial part of our economy and the fabric of our society.](https://sms4smile.com/quotes/jerome-powell/community-banks-are-a-crucial-part-of-our-economy-and-the-fabric-of/)

[Jerome Powell](https://sms4smile.com/quotes/author/jerome-powell/)

[Image](https://sms4smile.com/quotes/i/19f/jerome-powell-7353_community_community-banks-are-a-crucial-part-of-ou_1493986.jpg)

> [My colleagues on the Board of Governors and I understand the value of having a diverse financial system that includes a large…](https://sms4smile.com/quotes/jerome-powell/my-colleagues-on-the-board-of-governors-and-i-understand-the-value-of/)

[Jerome Powell](https://sms4smile.com/quotes/author/jerome-powell/)

[Image](https://sms4smile.com/quotes/i/19d/jerome-powell-7353_banks_my-colleagues-on-the-board-of-governors_2274253.jpg)

## Other authors on Banks

- [ ![](https://sms4smile.com/quotes/wp-content/uploads/sms4s/authors/processed/b009/author-elizabeth-warren-32649.jpg) Elizabeth Warren 12 quotes ](https://sms4smile.com/quotes/about/banks/elizabeth-warren/)
- [ ![](https://sms4smile.com/quotes/wp-content/uploads/sms4s/authors/processed/b017/author-michael-hudson-67160.jpg) Michael Hudson 9 quotes ](https://sms4smile.com/quotes/about/banks/michael-hudson/)
- [ ![](https://sms4smile.com/quotes/wp-content/uploads/sms4s/authors/processed/b003/author-alex-berenson-10756.jpg) Alex Berenson 7 quotes ](https://sms4smile.com/quotes/about/banks/alex-berenson/)
- [ ![](https://sms4smile.com/quotes/wp-content/uploads/sms4s/authors/processed/b001/author-jamie-dimon-1320.jpg) Jamie Dimon 6 quotes ](https://sms4smile.com/quotes/about/banks/jamie-dimon/)
- [ ![](https://sms4smile.com/quotes/wp-content/uploads/sms4s/authors/processed/b023/author-thomas-jefferson-90435.jpg) Thomas Jefferson 5 quotes ](https://sms4smile.com/quotes/about/banks/thomas-jefferson/)

## More by Jerome Powell

> [Alignment of business strategy and risk appetite should minimize the firm's exposure to large and unexpected losses. In addition, the firm's risk management capabilities…](https://sms4smile.com/quotes/jerome-powell/alignment-of-business-strategy-and-risk-appetite-should-minimize-the/)

[Jerome Powell](https://sms4smile.com/quotes/author/jerome-powell/)

> [The too-big-to-fail reform project is massive in scope. In my view, it holds real promise. But the project will take years to complete. Success…](https://sms4smile.com/quotes/jerome-powell/the-too-big-to-fail-reform-project-is-massive-in-scope-in-my-view-it/)

[Jerome Powell](https://sms4smile.com/quotes/author/jerome-powell/)

> [The financial crisis and the Great Recession left firms with excess capacity, reducing incentives to invest. If businesses expect slower growth to continue, that…](https://sms4smile.com/quotes/jerome-powell/the-financial-crisis-and-the-great-recession-left-firms-with-excess/)

[Jerome Powell](https://sms4smile.com/quotes/author/jerome-powell/)

> [All economic forecasts are subject to considerable uncertainty. There is always a wide range of plausible outcomes for important economic variables, including the federal…](https://sms4smile.com/quotes/jerome-powell/all-economic-forecasts-are-subject-to-considerable-uncertainty-there/)

[Jerome Powell](https://sms4smile.com/quotes/author/jerome-powell/)

> [Emerging market economies have long grappled with the challenges posed by large and volatile cross-border capital flows.](https://sms4smile.com/quotes/jerome-powell/emerging-market-economies-have-long-grappled-with-the-challenges/)

[Jerome Powell](https://sms4smile.com/quotes/author/jerome-powell/)

> [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…](https://sms4smile.com/quotes/jerome-powell/a-risk-insensitive-leverage-ratio-can-be-a-useful-backstop-to-risk/)

[Jerome Powell](https://sms4smile.com/quotes/author/jerome-powell/)

> [The Federal Reserve is not charged with designing or evaluating proposals for housing finance reform. But we are responsible for regulating and supervising banking…](https://sms4smile.com/quotes/jerome-powell/the-federal-reserve-is-not-charged-with-designing-or-evaluating/)

[Jerome Powell](https://sms4smile.com/quotes/author/jerome-powell/)

> [Although I have never worked in a community bank, I have been a customer, and I know from personal experience the special skills that…](https://sms4smile.com/quotes/jerome-powell/although-i-have-never-worked-in-a-community-bank-i-have-been-a/)

[Jerome Powell](https://sms4smile.com/quotes/author/jerome-powell/)

> [Perhaps the greatest challenge for the resolution of a systemic global bank is the possibility that public or private actors in different countries might…](https://sms4smile.com/quotes/jerome-powell/perhaps-the-greatest-challenge-for-the-resolution-of-a-systemic/)

[Jerome Powell](https://sms4smile.com/quotes/author/jerome-powell/)

> [An efficient payments system provides the infrastructure needed to transfer money in low-cost and convenient ways. Efficient systems are innovative in improving the quality…](https://sms4smile.com/quotes/jerome-powell/an-efficient-payments-system-provides-the-infrastructure-needed-to/)

[Jerome Powell](https://sms4smile.com/quotes/author/jerome-powell/)

> [Higher capital requirements increase bank costs, and at least some of those costs will be passed along to bank customers and shareholders. But in…](https://sms4smile.com/quotes/jerome-powell/higher-capital-requirements-increase-bank-costs-and-at-least-some-of/)

[Jerome Powell](https://sms4smile.com/quotes/author/jerome-powell/)

> [More regulation is not the best answer to every problem.](https://sms4smile.com/quotes/jerome-powell/more-regulation-is-not-the-best-answer-to-every-problem/)

[Jerome Powell](https://sms4smile.com/quotes/author/jerome-powell/)

> [Loss-absorbing capacity among banks is substantially higher as a result of both regulatory requirements and stress testing exercises.](https://sms4smile.com/quotes/jerome-powell/loss-absorbing-capacity-among-banks-is-substantially-higher-as-a/)

[Jerome Powell](https://sms4smile.com/quotes/author/jerome-powell/)

> [The Federal Reserve is committed to fulfilling our statutory mandate of stable prices and maximum employment.](https://sms4smile.com/quotes/jerome-powell/the-federal-reserve-is-committed-to-fulfilling-our-statutory-mandate/)

[Jerome Powell](https://sms4smile.com/quotes/author/jerome-powell/)

> [We live in a world defined by the rapid pace of technological change.](https://sms4smile.com/quotes/jerome-powell/we-live-in-a-world-defined-by-the-rapid-pace-of-technological-change/)

[Jerome Powell](https://sms4smile.com/quotes/author/jerome-powell/)

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