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About $190,000 per year
- Jerome Powell, the chairman of the Federal Reserve, told investor David Rubenstein that he makes about $190,000 per year.
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Feb 14, 2023 · Fed Chairman Jerome Powell told David Rubenstein that he earns about $190,000 per year in salary. He said that he thinks the amount he earns is fair.
- Phil Rosen
- Thomas Greaney And Finanzen.Net
Feb 8, 2023 · Fed Chair Jay Powell has a more immediate impact on investment, employment, and assets than anyone else, and yet CEOs would scoff at his take-home pay.
Dec 1, 2022 · As per Forbes in October 2021, the board chairman’s salary is $203,000 annually. As per Celebrity Net Worth , Powell's net worth is $50 million. He's the richest member of the Federal Reserve...
- Anuradha Garg
- Fed Chairman, Attorney, Investment Banker
- Early Life and Education
- Notable Accomplishments
- Personal Life
- The Bottom Line
Jerome Hayden Powell, nicknamed “Jay,” was born on Feb. 4, 1953, in Washington, D.C. His father was an attorney, and his mother was a mathematician. Powell received an A.B. in politics from Princeton University in 1975 and earned a law degree (J.D.) from Georgetown University in 1979. While at Georgetown, he was editor-in-chief of the Georgetown La...
The U.S. Senate confirmed Powell to his present post as Fed chair on the basis of strong bipartisan votes. On Dec. 5, 2017, the Senate Banking Committee voted 22-1 in his favor, the only dissenting vote coming from Sen. Elizabeth Warren (D-Mass.). On Jan. 23, 2018, the full Senate approved his nomination by a vote of 84-13. Prior to joining the FRB...
Powell has been married since 1985 and is the father of three children. He is an avid cyclist who sometimes rides his bike to work at the Fed. He is the first Fed chair in more than 40 years who did not hold a Ph.D. in economics. The last was G. William Miller, who was Fed chair under then-President Jimmy Carter from 1978 to 1979, and who held degr...
Jerome Powell was approved for a second four-year term as Fed chair in May 2022, at a time when the U.S. and much of the world are facing financial hardship due to rising inflation.Under his watch, the Fed has increased interest rates to combat rising inflation. His second term will focus on managing monetary issues that are impacting the U.S., suc...
- Mark Kolakowski
Jun 18, 2020 · HOW DID JEROME POWELL MAKE HIS FORTUNE? Congress sets the salaries of the Fed board members. In 2019, the chair's annual salary was $203,500.
- Megan Henney
Feb 7, 2023 · By Matthew Impelli. Writer. Federal Reserve Chair Jerome Powell spoke about his salary on Tuesday, sparking an array of different responses on social media. While speaking at the Economic...
Feb 14, 2023 · Powell’s take-home pay falls within the typical range of base salaries for investment-bank associates, who earn anywhere from $150,000 to $200,000, according to data from Wall Street...
