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Keating Statement on Powell Nomination

Washington, D.C.Frank Keating, Bipartisan Policy Center board chairman and former chief executive of the American Bankers Association, issued the following statement on Jay Powell’s nomination to be the next Federal Reserve chairman:

“Jay Powell is the right leader for the Federal Reserve as it pursues its critical goals of keeping unemployment low and inflation in check. I have known Jay for many years, and along with his vast financial expertise, he will bring a thoughtful and insightful leadership style to the central bank. At the Bipartisan Policy Center he encouraged conflicting viewpoints in an effort to find realistic common ground—a necessary skill that will serve our country at the helm of the Federal Reserve. He will be a wonderful leader and thoughtful advocate for what’s best for the financial health of Americans.”