Jerome hayden jay powell (born february 4, 1953) [2][3] is an american investment banker and lawyer who has been the 16th chair of the federal reserve since 2018. He was expected to maintain the policies of his predecessor, janet yellen, including raising interest rates. Credit.caroline gutman for the new york times
Fed chair jerome powell's leadership term ends in may, and trump is expected to announce a successor early in the new year When powell became head of the fed in 2018, he was the richest fed chair since the 1940s, with a net worth of $19.7 million to $55 million Working from a short list including his top economic adviser kevin.
Jerome powell has agreed to step down as chair of the federal reserve following relentless attacks from president trump and his inner circle, according to a statement released by billy pulte,.
