accountability: everyone on the record — The Minutes https://minutesof.com/on/accountability/ Everyone on the record about accountability: 3 verbatim quotes from 2 people, August 2026 to August 2026, in one chronology, each with a timestamp and a… en Sun, 30 Aug 2026 22:32:45 +0000 John Williams: Williams describes how diffused accountability means no single person makes a bad decision, yet https://minutesof.com/q/fa844534-f011-4424-8902-b882c3ccf79e/ https://minutesof.com/q/fa844534-f011-4424-8902-b882c3ccf79e/ “Later, when the risk materializes, we conduct a review and find that no single person made a bad decision. Instead, the system as a whole failed to “see” the risk clearly.” — John Williams, NY Fed speeches accountability John Williams: Williams states central banks must own responsibility for price stability with independence and https://minutesof.com/q/c05d2023-b194-448b-90dd-0af99a846481/ https://minutesof.com/q/c05d2023-b194-448b-90dd-0af99a846481/ “Central banks must own the responsibility to deliver price stability and have the independence of action and the ability to achieve it.” — John Williams, NY Fed speeches accountability Kevin Warsh: Warsh accepts full Federal Reserve responsibility for 65 months of sustained elevated inflation. https://minutesof.com/q/44c31a1d-c0f1-4ac6-99b4-90d8f491adc2/ https://minutesof.com/q/44c31a1d-c0f1-4ac6-99b4-90d8f491adc2/ “Responsibility for sixty five months of sustained elevated inflation sits squarely with the central bank, and that's where it belongs.” — Kevin Warsh, Varney & Co. Fri, 28 Aug 2026 17:04:37 +0000 accountability