Powell Intends to Visit Homeless Encampment

Q: Are you planning to visit the homeless encampment near the Fed? Have you been invited?

- A: I have not had a chance to do it yet. I don't want to visit at a time of a lot of media attention. I will go visit when it's no longer a news story. I've met with homeless people many times, a number of times.

• It's good to talk to people and hear what's going on in their lives. What you find out is, they're you. They're just us. These are people who in many cases had jobs and they have lives and they've just found themselves in this place. It's a difficult problem.
• There are many, many facets of it. I'm well aware that this is not something that the Fed has all the tools for or anything like that. But I will do that when the need arises and when it's not so much in the public eye.