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Chair of the Federal Reserve is a Level I position in the Executive Schedule, thus earning the salary prescribed for that level (US$246,400, as of April 2024). List of Fed chairs. The following is a list of past and present chairs of the Board of Governors of the Federal Reserve System.
- Four years, renewable (as Chair), 14 years, non-renewable (as Governor)
- United States Congress
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.
Recorded February 26, 2019. Jerome Hayden " Jay " Powell (born February 4, 1953) is an American attorney and investment banker who has served since 2018 as the 16th chair of the Federal Reserve . After earning a degree in politics from Princeton University in 1975 and a Juris Doctor from Georgetown University Law Center in 1979, [2] he moved to ...
May 23, 2022 · President Biden re-nominated Mr. Powell in November 2021, and he was confirmed by the United States Senate on May 12, 2022. His new term as Chair ends on May 15, 2026, and his term as a member of the Board ends on January 31, 2028. A biography of Chair Powell is available on the Board's website here.
Nov 22, 2021 · November 22, 20219:08 AM ET. Heard on Morning Edition. Scott Horsley. 4-Minute Listen. Playlist. Enlarge this image. Federal Reserve Chairman Jerome Powell has been selected for a second term...
Nov 22, 2021 · WASHINGTON — President Biden said Monday that he would renominate Jerome H. Powell, the Federal Reserve chair, to another four-year term, opting for policy continuity at a moment of rapid...
Nov 22, 2021 · Jerome Powell took office as chairman of the Board of Governors of the Federal Reserve System in February 2018, for a four-year term ending in February 2022. His term as a member of the Board...
