Bernanke said the same thing

(Bloomberg) -- Federal Reserve Chairman Jerome Powell cast the central bank’s actions during the coronavirus crisis as aimed squarely at helping U.S. workers, a tactic to head off criticism which has dogged it since the last recession: that its policies primarily serve Wall Street and wealthier Americans.

And research proved him wrong.  Powell should have referred to some data, or prior research. He didn't and we would expect him to take the same line as Bernanke.  His statement thus is meaningless.

Powell will try what Bernanke did, pump the stock market with the cooperation of the primary dealers, because Powell has the same problem, public sector pensions failing. This will come at the cost of the regulated banking sector.  Credit will be limited to the wealthy.