06/01/2026
As he accepted the JFK Profile in Courage Award for his efforts to preserve the Federal Reserve’s independence, Jerome Powell echoed Edmund Burke’s warning that institutions essential to democracy take years of effort and patience to build, but can be torn down all too quickly.
Powell called on Americans of all political perspectives to preserve those institutions even as we work to improve them.
He said, “While we all have political differences, at the end of the day, we all love this wonderful country, and want what is best for it and for our fellow Americans.”