Fed Governor nominee Goodfriend supports Fed's dual mandate of stable prices and full employment

Carnegie Mellon University Professor Marvin Goodfriend, who was nominated by U.S. President Donald Trump back in November to become a member of the Federal Reserve Board of Governors, recently crossed the wires, delivering the key quotes (via Reuters) found below.

Fed transparency could be improved regarding reference rules for monetary policy.

It is critically important to anchor long run inflation in order to get monetary stimulus to the economy.

I totally support the Fed's dual mandate of stable prices and full employment.