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.

20 hours ago · U.S. Federal Reserve Chair Jerome Powell speaks during a press conference following a two-day meeting of the Federal Open Market Committee on interest rate policy, in Washington, U.S., January 29 ...

Nov 8, 2024 · Federal Reserve Chairman Jerome Powell told reporters Thursday he would not step down from his appointed position if Donald Trump asked him to, saying he’d have no obligation to leave if the ...

Jerome H. 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. He was reappointed to the office and sworn in for a second four-year term on May 23, 2022.

1 day ago · Federal Reserve Chair Jerome Powell is headed to Capitol Hill today for his twice-yearly testimony before Congress. Expect him to deliver an upbeat assessment of the U.S. economy, while bending ...

1 day ago · Federal Reserve Chair Jerome Powell will appear before Congress this week. He will assess the Fed's battle against inflation and possibly face scrutiny about the central bank's decision-making ...

21 hours ago · When Jerome H. Powell, chair of the Federal Reserve, last testified in front of Congress in July, he hailed the “considerable progress” the central bank had made in taming rapid inflation and ...

Jan 29, 2025 · Jerome (Jay) Powell (b. 1953) is the chair of the Board of Governors of the Federal Reserve System, the central bank of the United States. Nominated by President Donald Trump in 2017 and confirmed by the Senate the following year, he oversaw the Fed’s extensive intervention in the U.S. economy during the COVID-19 crisis of 2020.

Nov 14, 2024 · Given progress toward our inflation goal and the cooling of labor market conditions, last week my Federal Open Market Committee colleagues and I took another step in reducing the degree of policy restraint by lowering our policy interest rate 1/4 percentage point.

Jerome H. Powell took office as chairman of the Board of Governors of the Federal Reserve System in February 2018. He was sworn in on May 23, 2022 for a second term as Chair ending May 15, 2026. Powell was born in Washington, D.C.