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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. A native of Washington, D.C. , Powell graduated from Princeton University and from the Georgetown University Law Center . [ 2 ]
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]
Jerome Powell The Board of Governors of the Federal Reserve System , commonly known as the Federal Reserve Board , is the main governing body of the Federal Reserve System . It is charged with overseeing the Federal Reserve Banks and with helping implement the monetary policy of the United States .
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 ...
Still, close advisers to the newly elected president have said the Fed chair should step aside, Politico reported. Jerome Powell says he wouldn't leave his job as Fed Chair even if Trump asked him ...
Many elected officials had already been calling for lower rates by then – but their arguments likely weren’t given any consideration at monetary policy meetings. ... Fed Chair Jerome Powell ...
Federal Reserve Chair Jerome Powell said he won't step down if President-elect Donald Trump, who has previously criticized Powell's performance, asks him to resign.
Potentially out: Jerome Powell. Trump said in February that if he were elected this November, Fed chairman Jerome Powell would lose his job. When asked if he would reappoint Chairman Powell, Trump ...