Jerome Powell American attorney Actions Share Share Share to social media Facebook Twitter URL https://www.britannica.com/biography/Jerome-Powell Share Share Share to social media Facebook Twitter URL https://www.britannica.com/biography/Jerome-Powell Written by Nick Tabor Nick Tabor is a freelance journalist and the author of Africatown: America's Last Slave Ship and the Community It Created. Nick Tabor Fact-checked by The Editors of Encyclopaedia Britannica Encyclopaedia Britannica's editors oversee subject areas in which they have extensive knowledge, whether from years of experience gained by working on that content or via study for an advanced degree. They write new content and verify and edit content received from contributors. The Editors of Encyclopaedia Britannica Last Updated: Jun 13, 2024 • Article History Table of Contents Born: February 4, 1953, Washington, D.C., U.S. (age 71) (Show more) Jerome Powell (born February 4, 1953, Washington, D.C., U.S.) is the chair of the Board of Governors of the Federal Reserve System (“the Fed”), the central bank of the United States. Nominated by U.S. Pres. Donald Trump in 2017 and confirmed by the Senate the following year, he oversaw the Fed’s extensive intervention in the U.S. economy during the COVID-19 crisis of 2020, when the Fed printed $2.9 trillion in less than three months, bought roughly $543 billion worth of debt in a week, and reduced interest rates to nearly zero. The New York Times called him “Washington’s Best-Liked Man” ...(100 of 827 words)

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