Jerome Powell talks about how a firm should match its business plan with its appetite for risk. He says the big 'too‑big‑to‑fail' reform could help, but it will take years and may not succeed. He also notes that economic forecasts are always uncertain and that the Fed’s job is to supervise banks.
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Jerome Hayden "Jay" Powell is an American central banker and attorney who served as the 16th chair of the Federal Reserve from 2018 to 2026. He was previously both a lawyer and investment banker in the private sector before entering public service.
