Jerome Powell Quotes
A digital currency issued by a central bank would be a global target for cyber attacks, cyber counterfeiting, and cyber theft.
Topics
Monetary Policy
Theft
Central Bank
Counterfeiting
Cyber Attack, Cyber Attacks, Cyberattack, Cyberattacks
Cybersecurity, Cyber Security
Cybercrime
Economic Security, Economic Insecurity, Financial Security, Financial Insecurity
Cryptocurrency
Currency Risk
Cyber Attack Prevention
Cyber Defense
Digital Banking
Digital Currency
Cyber Theft
Citations
Powell, Jerome H. "Innovation, Technology, and the Payments System." Board of Governors of the Federal Reserve System, 3 Mar. 2017.
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Jerome Hayden "Jay" Powell is the 16th chair of the Federal Reserve, serving in that office since February 2018. He was nominated to the Board of the Federal Reserve in 2012 by President Barack Obama, and subsequently nominated to be the chair of the Fed by President Donald Trump, and confirmed in each case by the United States Senate.