Jerome Powell

American financier (born 1953)

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Born 1953 · age 73United States

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Wikipedia
39 languages
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Age
73
Born 1953
Known for
The Agency
2020

Summary

Updated 2026-08-16

The man who sets the price of money in America. As chair of the Federal Reserve, Powell steered interest rates through a pandemic collapse, a white-hot inflation surge, and the political crossfire that comes with controlling the economy's most powerful lever.

Biography

About

Born February 4, 1953, in Washington, D.C., Powell moved from Princeton and Georgetown Law into five years as an attorney before pivoting to investment banking in the mid-1980s. He made partner at the Carlyle Group in 1997, left in 2005 to start his own firm, Severn Capital Partners, then spent two years at the Bipartisan Policy Center. His first public-service turn came in 1990 under George H. W. Bush at Treasury. Barack Obama named him to the Federal Reserve Board in 2012, where he earned a reputation as a consensus-builder. Donald Trump elevated him to chair in 2018; Joe Biden renewed the a…

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