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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.
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.
On January 18, 2017, two days before Trump's inauguration, it was reported that Trump had by then nominated only 28 people to fill 690 positions requiring Senate confirmation. [13] In particular, there had been no nominations below the Cabinet level for the departments of State or Defense, and the staff for the National Security Council was ...
President-elect Donald Trump said in an interview aired on Sunday he will not try to replace Federal Reserve Chair Jerome Powell upon taking office in January. “No, I don’t think so.
Former President Donald Trump said that if he is reelected, he would not reappoint Federal Reserve Chair Jerome Powell, accusing Powell of considering rate cuts to give Democrats an advantage in ...
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 ...
President-elect Donald Trump said in an NBC News interview that he would not remove Jerome Powell as chairman of the Federal Reserve. President-elect Donald Trump said in an NBC News interview ...
The re-election of Donald Trump has reignited one of the most contentious debates among investors: Can the president-elect remove Federal Reserve Chair Jerome Powell? Trump has been critical of ...