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Jerome Hayden "Jay" Powell (born February 4, 1953) is an American investment banker and lawyer serving since 2018 as the 16th chair of the Federal Reserve. Powell is expected to remain in his position during the second Presidency of Donald Trump at least through 2026.
The current chairman is Jerome Powell, who was sworn in on February 5, 2018. [4] [5] He was nominated to the position by President Donald Trump on November 2, 2017, [6] and later confirmed by the Senate. He was subsequently nominated to a second term by President Joe Biden, later confirmed by the Senate and sworn in on May 23, 2022. [7] [8]
President-elect Donald Trump appointed Jerome Powell to lead the Federal Reserve in November 2017. President Joe Biden reappointed him five years later for another term as Fed Chair that is set to ...
Following his election victory in 2020, U.S. president Joe Biden had 4,000 political appointments to make to the federal government. ... Jerome Powell [107]
Jerome Powell, the chairman of the U.S. Federal Reserve, ... Powell was initially appointed as Fed Chair by 45 th president, Donald Trump, replacing Democrat Janet Yellen, ...
President-elect Donald Trump is likely to allow Federal Reserve Chair Jerome Powell to serve out the remainder of his term, which expires in May 2026, according to a senior adviser to Trump ...
The chair, vice chair, and vice chair for supervision are appointed by the president from among the sitting members of the board to serve a four-year term and they can be renominated as many times as the president chooses, subject to Senate confirmation each time, until their terms on the Board of Governors expire. [11]
Powell was appointed to lead the Fed by Trump himself, but the incoming president’s admiration soured the same year Powell began his term. In late 2018, Trump said Powell’s Fed “has gone ...