A Quote by Jerome Powell

I support adjustments designed to enhance the efficiency and effectiveness of regulation without sacrificing safety and soundness or undermining macroprudential goals.

Jerome Powell

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Designed Effectiveness Efficiency Enhance Goals Regulation Safety Soundness Support Undermining Without

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Jerome Powell
American - Public Servant
Born: February 4, 1953

Effectiveness is doing the things that get you closer to your goals. Efficiency is performing a given task (whether important or not) in the most economical manner possible. Being efficient without regard to effectiveness is the default mode of the universe.

Tim Ferriss

We have put in place policies through supervision and regulation that has greatly enhanced the safety and soundness of the banking system.

Janet Yellen

You have safety and soundness as primary purpose of the Federal Reserve, the OCC, and the other agencies which control banking regulation.

Judd Gregg

We value the clock for its speed and efficiency. The clock has its place, efficiency has its place, after effectiveness. The symbol of effectiveness is the compass a sense of direction, purpose, vision, perspective, and balance. But the empowerment process itself is not efficient.

Stephen Covey

And regulation entails organizational effectiveness, a chain of command, and a structure for logistical support.

Sun Tzu

If you are a gun manufacturer, the product you make is not subject to safety regulation by the Consumer Product Safety Commission. Toy guns are subject to safety regulation; water pistols are, but not real guns.

Michael D. Barnes

The role of liquidity in systemic events provides yet another reason why, in the future, a more system wide or macroprudential approach to regulation is needed.

Ben Bernanke

When it comes to efficiency and effectiveness, I would always start with effectiveness. I am interested in achieving a certain outcome. Only secondarily do I worry about achieving it as efficiently as possible.

Philip Kotler

You think effectiveness with people and efficiency with things.

Stephen Covey

Back in the mid-1970s, we adopted some fairly ambitious goals to improve efficiency of our cars. What did we get? We got a tremendous boost in efficiency.

Jay Inslee

Without computers, the government would be unable to function at the level of effectiveness and efficiency that we have come to expect. . . . Today's government uses computers which are capable of cranking out millions of documents per day without any regard whatsoever for their content, thereby freeing government employees for more important responsibilities, such as not answering their phones.

Dave Barry

Safety is the most basic task of all. Without sense of safety, no growth can take place. Without safety, all energy goes to defense

Torey L. Hayden

A wide range of possible fiscal policy tools and approaches could enhance the cyclical stability of the economy. For example, steps could be taken to increase the effectiveness of the automatic stabilizers, and some economists have proposed that greater fiscal support could be usefully provided to state and local governments during recessions.

Janet Yellen

What is the major problem? It is fundamentally the confusion between effectiveness and efficiency that stands between doing the right things and doing things right. There is surely nothing quite so useless as doing with great efficiency what should not be done at all.

Peter Drucker

We should also give students more flexibility in the courses they take in high school to prepare them for whatever their goals may be, without sacrificing our rigorous academic standards.

Rick Perry

Africa's informal economy is one of the most innovative and inventive environments in the world. Yet it is an environment with little regulation in which workers are often exposed to hard conditions and live without a safety net.

Richard Attias

A Quote by Jerome Powell

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