Jerome Powell

Jerome Powell
Official portrait, 2022
16th Chair of the Federal Reserve
In office February 5, 2018 – January 20, 2025
President	Donald Trump Joe Biden Donald Trump
Deputy	Richard Clarida Lael Brainard Philip Jefferson
Preceded by	Janet Yellen
Member of the Federal Reserve Board of Governors
Incumbent
Assumed office May 25, 2012
Nominated by	Barack Obama
Preceded by	Frederic Mishkin
Under Secretary of the Treasury for Domestic Finance
In office April 7, 1992 – January 20, 1993
President	George H. W. Bush
Preceded by	Robert R. Glauber
Succeeded by	Frank N. Newman
Assistant Secretary of the Treasury for Financial Institutions
In office 1990 – April 7, 1992
President	George H. W. Bush
Preceded by	David W. Mullins Jr.
Succeeded by	John Cunningham Dugan
Personal details
Born	Jerome Hayden Powell (1953-02-04) February 4, 1953 (age 72) Washington, D.C., U.S.
Political party	Republican[1]
Spouse(s)	Elissa Leonard ​ (m. 1985)​
Children	3
Education	Princeton University (BA) Georgetown University (JD)
Signature
Jerome Powell's voice Jerome Powell outlines the Fed's semiannual monetary policy report at a Senate Banking Committee hearing Recorded February 26, 2019

Jerome Hayden Powell (born February 4, 1953) is an American lawyer. 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.

On November 2, 2017, President Donald Trump nominated Powell to serve as the next Chair of the Federal Reserve.^[2] His nomination was confirmed by the United States Senate on January 31, 2018 and took office on February 5, 2018.

1. ↑ Cite error: The named reference nominate was used but no text was provided for refs named (see the help page).
2. ↑ Gensler, Lauren (November 2, 2017). "Trump Taps Jerome Powell As Next Fed Chair In Call For Continuity". Forbes.