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Fed Chair Jerome Powell responded with a one-word answer when asked if he ... Trump nominated Powell to lead the Fed in 2017. Powell's term as Fed chair ends May 15, 2026. ... 16 smart ways to use ...
Jerome Hayden "Jay" Powell ... he's really stepped up to the ... [105] [106] In the past Powell has considered inflation transitory, a term Powell states should now ...
Powell's term as chair expires in May 2026, and his term as a Fed governor expires in January 2028. In 2019, Powell publicly and privately vowed not to be forced out by a president.
Scott Bessent, President-elect Trump’s pick to lead the Treasury Department, said Tuesday that Federal Reserve Chair Jerome Powell can serve out the remainder of his term leading the central bank.
Term start Term expires Jerome Powell Republican: February 5, 2018 (as Chair) May 23, 2022 (reappointment) May 15, 2026 (as Chair) May 25, 2012 (as Governor) June 16, 2014 (reappointment) January 31, 2028 (as Governor) Philip Jefferson Democratic: September 13, 2023 (as Vice Chair) September 7, 2027 (as Vice Chair) May 23, 2022 (as Governor)
Jay Powell on Thursday once again reinforced his intention to serve out his term as chair of the Federal Reserve while making it clear the central bank is not "in a hurry" to lower interest rates.
The current chairman is Jerome Powell, who was sworn in on February 5, 2018. [4] [5] He was nominated to the position by President Donald Trump on November 2, 2017, [6] and later confirmed by the Senate. He was subsequently nominated to a second term by President Joe Biden, later confirmed by the Senate and sworn in on May 23, 2022. [7] [8]
President-elect Donald Trump appointed Jerome Powell to lead the Federal Reserve in November 2017. President Joe Biden reappointed him five years later for another term as Fed Chair that is set to ...