Jerome Powell

Quick Facts

Full Name	Jerome Powell
Occupation	Lawyer
Date Of Birth	Feb 4, 1953(1953-02-04)
Age	71
Birthplace	Washington, D.C.
Country	United States
Horoscope	Aquarius

Jerome Powell Biography

Jerome Powell is one of the most popular and richest Lawyer who was born on February 4, 1953 in Washington, D.C., United States. Powell is born the 4th of February 1953 at Washington, D.C., as the youngest of six children of Patricia (nee Hayden; 1926-2010) and Jerome Powell (1921-2007), an attorney who practiced in private. His maternal grandparent, James J. Hayden was the Dean at the Columbus School of Law at Catholic University of America and later, a lecturer for Georgetown Law School. Five siblings are his: Susan, Matthew, Tia, Libby, and Monica.

After 1979, Powell relocated in 1979 to New York City and was appointed an assistant to judge Ellsworth Van Graafeiland from the United States Court of Appeals for the Second Circuit. From 1981 to 1983 Powell became a solicitor at Davis Polk & Wardwell, from 1983 until 1984, he was with the law firm Werbel & McMillen.

From 1984 to 1990, Powell worked at Dillon, Read & Co., an investment bank, where he concentrated on financing, merchant banking, and mergers and acquisitions, rising to the position of vice president.

In 1985, Powell married Elissa Leonard. They have three children and live in Chevy Chase Village, Maryland, where Elissa is vice chair of the board of managers of the village. In 2010, Powell was on the board of governors of Chevy Chase Club, a country club.

Powell received a degree in politics at Princeton University in 1975 and received a Juris Doctor from Georgetown University Law Center in 1979. He made the transition into the investment bank in 1984 and has since been employed by various financial institutions. He was briefly Secretary for the Treasury for Domestic Finance under President George H. W. Bush in 1992. He was an academic guest scholar of the Bipartisan Policy Center from 2010 until 2012. He has been an official on the Federal Reserve Board of Governors since 2012.

Jerome Powell Net Worth

Jerome Powell is one of the richest Lawyer from United States. According to our analysis, Wikipedia, Forbes & Business Insider, Jerome Powell 's net worth $5 Million. (Last Update: December 11, 2023)

Jerome Hayden “Jay” Powell (born on February 4 1953) is the 16th Chair of the Federal Reserve, serving in this position since February 2018. He was appointed to the Fed Chair post by the President Donald Trump, and confirmed by the United States Senate.

In 1972, Powell graduated from Georgetown Preparatory School, a Jesuit university-preparatory school. He earned an undergraduate degree in political science in 1975 from Princeton University in 1975, the thesis he wrote for his senior year was entitled “South Africa: Forces for Change.” In 1975 and 1976, he served for one period as an assistant to the Pennsylvania legislature for Pennsylvania Senator Richard Schweiker (R).

Powell earned a Juris Doctor degree from Georgetown University Law Center in 1979, where he was editor-in-chief of the Georgetown Law Journal.

Height, Weight & Body Measurements

Jerome Powell height Not available right now. Jerome weight Not Known & body measurements will update soon.

Who is Jerome Powell Dating?

According to our records, Jerome Powell married to Elissa Leonard. As of December 1, 2023, Jerome Powell’s is not dating anyone.

Relationships Record : We have no records of past relationships for Jerome Powell. You may help us to build the dating records for Jerome Powell!

Between 2010 and 2012, Powell was a visiting scholar at the Bipartisan Policy Center, a think tank in Washington, D.C., where he worked on getting Congress to raise the United States debt ceiling during the United States debt-ceiling crisis of 2011. Powell presented the implications to the economy and interest rates of a default or a delay in raising the debt ceiling. He worked for a salary of $1 per year.

Facts & Trivia

Jerome Ranked on the list of most popular Lawyer. Also ranked in the elit list of famous people born in United States. Jerome Powell celebrates birthday on February 4 of every year.

Powell “appears to largely support” the Dodd–Frank Wall Street Reform and Consumer Protection Act, although he has stated that “we can do it more efficiently”. In an October 2017 speech, Powell stated that higher capital and liquidity requirements and stress tests have made the financial system safer and must be preserved. However, he also stated that the Volcker Rule should be re-written to exclude smaller banks.

Top Facts about Jerome Powell

1. Jerome Powell is the 16th Chair of the Federal Reserve.
2. He was appointed by President Trump in February 2018.
3. Powell’s term as Chair will end in February 2022.
4. Prior to his appointment, he served on the Fed’s Board of Governors.
5. Powell has a background in investment banking and private equity.
6. He has been praised for his communication skills and transparency.
7. Under his leadership, the Fed has implemented gradual interest rate hikes.
8. Powell oversaw unprecedented monetary policy actions during COVID-19 pandemic.
9. He supports maintaining the Fed’s independence from political influence.
10. Powell has emphasized the importance of addressing income inequality in America.

How long is the Fed chairman term?

Chair of the Board of Governors of the Federal Reserve System
Reports to| United States Congress
Seat| Eccles Building Washington, D.C.
Appointer| President with Senate advice and consent
Term length| Four years, renewable (as Chair) 14 years, non-renewable (as Governor)

How much does the chairman of the Federal Reserve make?

The salary for the Chair of the Federal Reserve is set by the U.S. Congress. For 2019, the annual salary for the Fed Chair is $203,500. The annual salary of the other Fed Governors is $183,100.

Who is the boss of the Federal Reserve?

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.

What is Jerome Powell's job?

Fed Chair Jerome Powell Mr. Powell serves as the chairman of the Federal Open Market Committee (FOMC), a monetary policymaking body. The committee is made up of 12 members and has eight scheduled meetings each year to determine policy.

How many Fed chairs are there?

The Board consists of seven members who are appointed by the president of the United States and confirmed by the Senate. These Governors guide the Federal Reserve’s policy actions.