Jerome Powell

Jerome Powell serves as the 16th Chair of the Federal Reserve, the central bank of the United States and the most influential financial institution in the world. Powell was first appointed to the position by President Donald Trump in 2018 and was subsequently reappointed by President Joe Biden in 2022, a rare bipartisan vote of confidence reflecting his reputation for independence and steady leadership.

Prior to leading the Federal Reserve, Powell served as a member of the Fed’s Board of Governors beginning in 2012. Before his time in public service, he was a partner at The Carlyle Group, one of the world’s leading private equity firms, where he focused on financial industries. Earlier in his career, Powell worked at Dillon, Read & Co. and served as Under Secretary of the Treasury for Domestic Finance under President George H.W. Bush.

Powell currently serves on the Board of Governors of the Federal Reserve System and represents the United States in key international financial forums, including the G7 and G20. He is widely credited with navigating the U.S. economy through the disruptions of the COVID-19 pandemic and leading the Fed’s historic campaign to bring down post-pandemic inflation.

Powell holds a BA in Politics from Princeton University and a JD from Georgetown University Law Center.