Efficiency Quote by Jerome Powell
“I support adjustments designed to enhance the efficiency and effectiveness of regulation without sacrificing safety and soundness or undermining macroprudential goals.”
About This Quote
Source Speech: Monetary Policy Remarks, Federal Reserve, 2023
Advocate for regulatory changes that improve efficiency while preserving safety and macro‑prudential stability.
In simple terms: Improve regulation without compromising safety.
Balance efficiency with safety.
Themes
Mood
Type
When to use this quote
- bank supervision
- risk assessment
- legislative drafting
- industry compliance
Key Concepts
Questions to Reflect On
- What safeguards ensure safety?
- How to measure efficiency gains?
Efficiency gains may risk oversight gaps.