Jerome Powell

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Jerome Hayden "Jay" Powell (born February 4, 1953) is an American central banker who served as a governor of the Federal Reserve. He was the 16th chair of the Federal Reserve from 2018 to 2026. After his term as chair ended on May 22, 2026, Powell remained a member of the Federal Reserve Board of Governors. His term as a governor runs through January 31, 2028. He was previously both a lawyer and investment banker in the private sector before entering public service. A native of Washington, D.C., Powell graduated from Princeton University and the Georgetown University Law Center. After working as an attorney for five years, he began a career in investment banking and private equity during the mid-1980s, eventually becoming a partner at the Carlyle Group in 1997. He left Carlyle in 2005 to launch Severn Capital Partners, a boutique private equity firm. He was a visiting scholar at the Bipartisan Policy Center from 2010 to 2012. Powell entered public service in 1990, serving in multiple...

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