Chairman of the federal reserve office. (born February 4, 1953, Washington, D.

Chairman of the federal reserve office. He has been Fed chair since Feb. On November 2, 2017, President Donald Trump nominated Powell to serve as the next Chair of the Federal Reserve. The current Chair of the Board of Governors is Jerome H. A native of Washington, D. He was reappointed to the office and sworn in for a second four-year term on May 23, 2022. May 4, 2025 · Jerome Powell has served on the Federal Reserve Board (FRB) since May 25, 2012. FRB Vice Chair Lael Brainard administered the oath of office in the press briefing room . 5, 2018. Their decisions ripple from Wall Street trading floors to Main Street kitchen tables, affecting whether Americans can find jobs, afford homes, or see their savings eroded by inflation. Powell first took office as Chair of the Board of Governors of the Federal Reserve System on February 5, 2018, for a four-year term. Alas, Clarida left the Fed in 2022. Jerome Hayden "Jay" Powell (born February 4, 1953) is an American investment banker and lawyer who has been the 16th chair of the Federal Reserve since 2018. His position is highly visible. , U. Jul 15, 2025 · The Chair of the Federal Reserve arguably wields more economic power than any other single person. Powell became the Chair on Feb. [2] After working as an attorney for five years, he switched to investment banking in the mid-1980s and worked for Apr 17, 2025 · President Donald Trump slammed Federal Reserve Chair Jerome Powell on Thursday, reiterating his frustration that the Fed has not aggressively cut interest rates and saying the central bank leader Jerome Hayden Powell (born February 4, 1953) is an American lawyer. Powell. May 24, 2022 · Jerome Powell was sworn in for a second four-year term as Federal Reserve Board (FRB) chair on May 23, 2022. He worked as a private adviser and provided consulting for firms through his company, Greenspan Associates LLC. (born February 4, 1953, Washington, D. He is the 16th and current Chair of the Federal Reserve since February 2018 and a member of the Federal Reserve Board of Governors and has served since 2012 upon being nominated by President Barack Obama. ) Jerome Powell is the chair of the Board of Governors of the Federal Reserve System (the Fed), the central bank of the United States. [2] His Apr 17, 2025 · Powell once spoke of starting a Federal Reserve Band, whose members would have included Richard Clarida, a fellow Fed board member and noted singer-songwriter. 5, 2018, and was approved for a second term in May 2022 under President Biden. C. S. First nominated to the Federal Reserve by President Ronald Reagan in August 1987, Greenspan was reappointed at successive four-year intervals until Nov 8, 2024 · Powell, who was appointed by Trump in 2017, will end his term as the Federal Reserve’s chairman in 2026. See full list on federalreserve. gov Jerome H. The Fed Chair reports twice a year to Congress on the Fed’s monetary policy objectives, testifies before Congress on numerous other issues, and meets periodically with the secretary of the Treasury. Alan Greenspan (born March 6, 1926) is an American economist who served as the 13th chairman of the Federal Reserve from 1987 to 2006. The chairman of the Board of Governors of the Federal Reserve System is the head of the Federal Reserve, and is the active executive officer of the Board of Governors of the Federal Reserve System. , Powell graduated from Princeton University and from the Georgetown University Law Center. yveapk 4tp comdj 8avc wa44zr ul qlcob nr 0klfy fe5dw