Powell's first congressional testimony emphasized that 'it's not the Fed's job to back the stock market', showing initial resolve to avoid the precedent of Fed-enabled moral hazard

factualpending

Speaker

Danielle DiMartino Booth

Evidence Quote

his first congressional testimony he was very resolute it's not the feds job to back the stock market

Source

DON'T FIGHT THE FED - Danielle DiMartino BoothThe Jay Martin Show
Created: 8/10/2026, 11:15:50 PM

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