I came in to say the same thing -- major, major respect to Powell.
I am not a big fan of his earlier policies (or of Greenspan's and anyone after him for that matter). His "unlearn the importance of M2" did not age well. He made the tail end of the ZIRP more painful than it needed to be. But those were honest mistakes from a public servant who did his best and believed in what he is doing.
And standing up for what he believes is right, against this insanity from the president is the gold standard of what we need from public servants. My 2c.
I am not a big fan of his earlier policies (or of Greenspan's and anyone after him for that matter). His "unlearn the importance of M2" did not age well. He made the tail end of the ZIRP more painful than it needed to be. But those were honest mistakes from a public servant who did his best and believed in what he is doing.
And standing up for what he believes is right, against this insanity from the president is the gold standard of what we need from public servants. My 2c.