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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 investment banking in 1984 ...
- They’ve Been Married for Over 30 Years. According to their wedding announcement published in The New York Times, Elissa and Jerome got married September 14, 1985.
- Elissa Worked as a Producer/Writer for an Award-Winning News Program. Leonard works as the vice chair of the board of managers of Chevy Chase Village and was formerly the chair of the buildings facilities commission in the town.
- Leonard Won Various Awards for Her Film Production. In addition to her work on the “INNOVATION” series, Leonard was the senior story editor for the National Geographic Channel’s TV Explorer series.
- Her Father Worked for the Public Health Service. Leonard’s father, George Hill Leonard, is from Rockville, Maryland and was an accomplished heart disease control administrator for the Public Health Service in Washington D.C.
Nov 26, 2019 · Jerome Powell’s Wife Elissa Leonard. She married her husband Jerome Hayden Powell on September 14, 1985, at the Bethlehem Chapel of the Washington Cathedral. Powell met his wife Elissa Leonard, in the early 1980s through his sister, who was her housemate, according to The Financial Times. Elissa Leonard Children
Nov 22, 2021 · Statement by Federal Reserve Board Chair Jerome H. Powell: Thank you, Mr. President. Mr. President, thank you for this extraordinary opportunity to continue to serve the American people. If confirmed by the Senate, I pledge to do everything within my power to meet the responsibilities that Congress has entrusted to the Federal Reserve.
- Dan Glaun
- Powell has served under four presidents, both Democrat and Republican. Powell’s history of public service dates back to the 1990s. He was appointed an assistant secretary and then under secretary of the U.S. Treasury by President George H.W.
- He is the first non-economist to become the Fed chair in 40 years. Powell was a broadly uncontroversial pick for Fed chair, with one Wall Street player — Ward McCarthy, of the investment bank Jefferies — telling CNBC he was the “boring” choice.
- As a private citizen, Powell worked to prevent a federal default. While at the Bipartisan Policy Center, Powell played a role in brokering a 2011 agreement to raise the federal debt ceiling, allowing the U.S. government to borrow more money and to avoid defaulting on the nation’s debt — a consequence some economists said would have wrought havoc on the world economy.
- Before COVID, Powell had expressed skepticism of experimental Fed policies. To try to avert economic crisis when COVID-19 struck, Powell has presided over a massive spike in quantitative easing: the unconventional monetary policy in which nations’ central banks buy up securities, aiming to inject money into the economy, as examined in The Power of the Fed.
Jerome Powell Wife. He married his wife Elissa Leonard in 1985. The wedding took place at the Episcopal Washington National Cathedral. Elissa works as chair of the board of managers of the village. The couple has three children, Susie Powell, Sam Powell, and Lucy Powell. His family resides in Chevy Chase Village, Maryland.
Oct 27, 2020 · His wife is the chairwoman of the village board, ... There are two big things you should know about Jerome Powell. One is that he is, essentially, an accidental Fed chair. A decade ago, Powell was ...
