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The following is a list of past and present chairs of the Board of Governors of the Federal Reserve System. A chair serves for a four-year term after appointment, but may be reappointed for several consecutive four-year terms. Since the Federal Reserve was established in 1914, the following people have served as chair. [a] [18] [19] #
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 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.
For the Federal Reserve, that’s where the board of governors comes in. ... Term ending. Jerome Powell, chair. January 31, 2028. Philip Jefferson, vice chair. January 31, 2036*
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 ...
Janet Louise Yellen (born August 13, 1946) is an American economist who served as the 78th United States secretary of the treasury from 2021 to 2025. She also served as chair of the Federal Reserve from 2014 to 2018.
Federal Reserve Board Chairman Jerome Powell before House Financial Services Committee in 2020 as a photo of then-President Donald Trump is shown on a screen.
On February 1, 2006, Bernanke began a fourteen-year term as a member of the Federal Reserve Board of Governors and a four-year term as chairman. [37] [38] By virtue of the chairmanship, he sat on the Financial Stability Oversight Board that oversees the Troubled Asset Relief Program. He also served as chairman of the Federal Open Market ...