Governor Jerome H. Powell delivered acceptance remarks at the John F. Kennedy Library Foundation ceremony on May 31, 2026. He thanked the Foundation, the committee and Ambassador Kennedy for the honor and recalled the impact of President Kennedy’s leadership on his own career. Powell noted the Federal Reserve’s mandate to promote maximum employment and stable prices, its role in regulating banks, operating payment systems and acting as a crisis responder during the Global Financial Crisis and the COVID‑19 pandemic. He emphasized the Fed’s legal protection from political interference, stressing that independence safeguards credibility and a stable economy. Powell called for respect of rule‑of‑law institutions, unity and public service as core American values.
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