Federal Reserve Chairman Jerome Powell says the stimulus actions taken by Congress have 'really helped' the economy rebound. (July 29)
JEROME POWELL: Congress's action early in the pandemic historically large by any standard around the world and certainly by US standards, it's really helping now. It's really helping. It's going to stand up very well to scrutiny down the years.
This Congress is very fast and very open-handed response I think has really helped. And I think-- I know that-- as I said, very likely there more will be needed from-- from all of us, and I see Congress negotiating now over-- over a new package. And I think that's a good thing.