Thank you to the organizers for inviting me to speak. It is a pleasure to be here. I welcome hearing diverse views on how to best conduct monetary policy, and this conference is certainly providing an invigorating debate on that topic. Before I begin, I want to address quickly some news from this morning.
I am deeply honored by the trust President Biden and Vice President Harris have shown me with the nomination to be the next Vice Chair of the Board. I am humbled by this extraordinary opportunity and thankful to my colleagues, friends, and family for their support.