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Jerome H. Powell first took office as Chair of the Board of Governors of the Federal Reserve System on February 5, 2018, for a four-year term. He was reappointed to the office and sworn in for a second four-year term on May 23, 2022.
Nearing the end of his first year in the White House, President Biden nominated Powell for a second term as Federal Reserve Chair, and the Senate Banking Committee approved of his renomination with only one dissenting vote; he was confirmed to a second term in an 80–19 vote on May 12, 2022.
May 23, 2022 · Jerome H. Powell on Monday took the oath of office for his second term as Chair of the Board of Governors of the Federal Reserve System. Chair Powell's oath was administered by Vice Chair Lael Brainard in the press briefing room of the Board's Martin building.
Nov 22, 2021 · President Biden has tapped Jerome Powell to serve a second term as chairman of the Federal Reserve as the economy faces huge challenges, including surging inflation.
Nov 22, 2021 · Jerome Powell has been nominated for a second term as chair of the US Federal Reserve by President Joe Biden. Mr Powell is set to stay in the role, which includes managing inflation and...
Nov 22, 2021 · Today, President Biden announced his intent to nominate Jerome Powell for a second term as Chair of the Board of Governors of the Federal Reserve System and to nominate Dr. Lael Brainard to...
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Nov 22, 2021 · President Biden announced that he was nominating Jerome H. Powell, the Federal Reserve chair, to another four-year term. He also nominated Lael Brainard, a Federal Reserve governor, as the vice...
