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Elevating one of the country's most qualified and dedicated public servants. she's one of the nation's leading macro economists and she spent years at the treasury department representing american capitals around the world on issues and spent nearly the last decade as a member of the fed recently working side by side with jay as the fed navigated historic economic and financial crises and reaffirmed its commitment to a full employment economy. throughout her time at the fed, lael has also been a stedfast voice for tough rules to protect the pensions and savings of the american people. she's le...

Financial system can withstand climate change and is prepared to transition to clean energy. the fed must be a leader among central banks globally in addressing climate related financial risks. he's underscored the importance of the fed taking a more proactive role in the months and years ahead and making sure that our financial regulations are staying ahead of emerging risks. be they from innovations, crypto currency, or the practice of less regulated, nonbank financial institutions. having served as vice president during the depths of the 2009 financial crisis, having worked with president o...

We have to make sure our financial system can withstand climate change and is prepared to transition to clean energy. the fed must be a leader among central banks globally in addressing climate-related financial risks. he's also underscored the importance of the fed taking a more proactive role in the months and years ahead and making sure that our financial regulations are staying ahead of emerging risks, be they from innovations and cryptocurrency or the practice of less regulated non-bank financial institutions. having served as vice president during the depths of the 2009 financial crisis,...

Preserve the independence of the fed and we need people of character and integrity who can be trusted to keep their focus on the right long-term goals of our country, for our country, and i'm confident that jay and lael are those poem. now i would like to give them both a chance to say a few word. we'll start with jay and then i'll turn to lael. >> okay. the president making it official. he is renominating jerome powell to a second term as chairman of the federal reserve. that is pending senate confirmation. for now let's take you back to close arguments of the trial of the three men accused o...

Kinds of risks. i respect jay's independence and i also trust that he will follow through on his commitment to prioritizing this with the skill that he has shown in his service to date. now, some will no doubt question why i'm renominating jay when he was the choice of a republican predecessor. why am i not picking a democrat, fresh blood, or taking the fed in a different direction? put directly at this moment both enormous potential and enormous uncertainty for our economy we need stability and independence at the federal reserve. jay has proven the independence that i value in the fed chair....