Quotes from Brevard S. Childs

The Christian canon consists of two different, separate voices, indeed of two different choirs of voices. The Old Testament is the voice of Israel, the New that of the church. But beyond this, the voice of the New Testament is largely that of a transformed Old Testament which is now understood in the light of the gospel.

The role of the canon as scripture of the church and vehicle for its actualization through the Spirit is to provide an opening and a check to continually new figurative applications of its apostolic content as it extends the original meaning to the changing circumstances of the community of faith (cf. Frei, Eclipse, 2–16). These figurative applications are not held in isolation from its plain sense, but an extension of the one story of God's purpose in Jesus Christ.

the text itself is not the generative force of truth. Rather, through the Spirit the reality to which the text points, namely to Jesus Christ, is made active in constantly fresh forms of application.