Jay Powell is an honourable and intelligent man. He has handled the political side of being Federal Reserve chair — particularly relations with Congress — with skill and impartiality. Above all, he has stood up to vindictive abuse from Donald Trump, the man who appointed him, only to label him a “moron” for the crime of doing his job. The president’s poodles at the Department of Justice even opened an absurd criminal investigation into Powell. He is indeed one of the few people to emerge from the experience of working with Trump untainted. The fact that he plans to remain on the Fed’s board under his successor, Kevin Warsh, is encouraging, since the next few years are likely to be challenging indeed for US monetary stability.
杰伊•鲍威尔(Jay Powell)是个正直且睿智的人。美联储(Fed)主席的一部分工作是带有政治色彩的,他在处理这部分工作(特别是处理与国会的关系)时,既讲究策略、又不偏不倚。最重要的是,他顶住了来自唐纳德•特朗普(Donald Trump)的报复性谩骂——特朗普任命了他,却又把他称作“白痴”,而他的“过错”不过是履行自己的职责。