diff --git "a/4caa46e3-9eeb-41e9-8ac7-64a897dc44ec.json" "b/4caa46e3-9eeb-41e9-8ac7-64a897dc44ec.json" new file mode 100644--- /dev/null +++ "b/4caa46e3-9eeb-41e9-8ac7-64a897dc44ec.json" @@ -0,0 +1,40 @@ +{ + "interaction_id": "4caa46e3-9eeb-41e9-8ac7-64a897dc44ec", + "search_results": [ + { + "page_name": "Chair of the Federal Reserve Board | In Plain English | St. Louis Fed", + "page_url": "https://www.stlouisfed.org/in-plain-english/chair-of-the-federal-reserve-board", + "page_snippet": "Jerome H. Powell became the Chair of the Board of Governors on Feb. 5, 2018. Heading the Federal Reserve Board of Governors are a Chair and two Vice Chairs.Heading the Federal Reserve Board of Governors are a Chair and two Vice Chairs. How are the Chair and Vice Chairs of the Fed chosen? They are Governors of the Federal Reserve Board whom the president of the United States appoints, with the advice and consent of the Senate, to serve four-year terms. The other is designated Vice Chair for Supervision and is responsible for developing policy recommendations for the Board regarding supervision and regulation of depository institutions, holding companies and other financial firms supervised by the Board of Governors. As the Federal Reserve's centralized component, the seven members of the Board of Governors including the Chair and Vice Chairs guide the Federal Reserve's policy actions, study trends in the economy, and help forecast the country's future economic direction. Jerome H. Powell became the Chair of the Board of Governors on Feb. 5, 2018. Heading the Federal Reserve Board of Governors are a Chair and two Vice Chairs. They are Governors of the Federal Reserve Board whom the president of the United States appoints, with the advice and consent of the Senate, to serve four-year terms. The current Chair of the Board of Governors is Jerome H. Powell. His position is highly visible.", + "page_result": "\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n \r\n\r\n\r\n\r\n \r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n Chair of the Federal Reserve Board | In Plain English | St. Louis Fed\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n \r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n \r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n \r\n \r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n
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Making Sense of the Federal Reserve

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Chair of the Federal Reserve Board

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\n\n\"Staff\n
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Jerome H. Powell became the Chair of the Board of Governors on Feb. 5, 2018.

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Heading the Federal Reserve Board of Governors are a Chair and two Vice Chairs.

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How are the Chair and Vice Chairs of the Fed chosen? They are Governors of the Federal Reserve Board whom the president of the United States appoints, with the advice and consent of the Senate, to serve four-year terms.

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\"JeromeThe current Chair of the Board of Governors is Jerome H. Powell. His position is highly visible.

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The Fed Chair reports twice a year to Congress on the Fed's monetary policy objectives, testifies before Congress on numerous other issues, and meets periodically with the secretary of the Treasury. Other Board of Governors officials are also called to testify before Congress, and they maintain regular contact with other government organizations, as well.

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Meanwhile, one of the Vice Chairs serves in the absence of the Chair. The other is designated Vice Chair for Supervision and is responsible for developing policy recommendations for the Board regarding supervision and regulation of depository institutions, holding companies and other financial firms supervised by the Board of Governors.

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As the Federal Reserve's centralized component, the seven members of the Board of Governors including the Chair and Vice Chairs guide the Federal Reserve's policy actions, study trends in the economy, and help forecast the country's future economic direction. The Governors also participate in monetary policymaking on the FOMC. In addition, the Board of Governors is responsible for regulations to keep the banking system sound and for overseeing the operations of the 12 Reserve Banks.

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In a later section, you will learn how the Reserve Banks supervise their member banks to ensure they comply with these regulations.

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Board Members

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Jerome H. Powell, Chair

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Recent Speeches
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\r\n \r\n \"Chair Jerome H. Powell\"\r\n

Jerome H. Powell first took office as Chair of the Board of Governors of the Federal Reserve System on February 5, 2018, for a four-year term. He was reappointed to the office and sworn in for a second four-year term on May 23, 2022. Mr. Powell also serves as Chairman of the Federal Open Market Committee, the System's principal monetary policymaking body. Mr. Powell has served as a member of the Board of Governors since taking office on May 25, 2012, to fill an unexpired term. He was reappointed to the Board and sworn in on June 16, 2014, for a term ending January 31, 2028.

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Prior to his appointment to the Board, Mr. Powell was a visiting scholar at the Bipartisan Policy Center in Washington, D.C., where he focused on federal and state fiscal issues. From 1997 through 2005, Mr. Powell was a partner at The Carlyle Group.

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Mr. Powell served as an Assistant Secretary and as Under Secretary of the U.S. Department of the Treasury under President George H.W. Bush, with responsibility for policy on financial institutions, the Treasury debt market, and related areas. Prior to joining the Bush administration, Mr. Powell worked as a lawyer and investment banker in New York City.

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In addition to service on corporate boards, he has served on the boards of charitable and educational institutions, including the Bendheim Center for Finance at Princeton University and the Nature Conservancy of Washington, D.C., and Maryland.

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Mr. Powell was born in February 1953 in Washington, D.C. He received an AB in politics from Princeton University in 1975 and earned a law degree from Georgetown University in 1979. While at Georgetown, he was editor-in-chief of the Georgetown Law Journal.

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Mr. Powell is married with three children.

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Jerome H. Powell

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  • Chair, Board of Governors, 2018–
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  • Governor, Board of Governors, 2012–2018
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Jerome H. Powell took office as chairman of the Board of Governors of the Federal Reserve System in February 2018. He was sworn in on May 23, 2022 for a second term as Chair ending May 15, 2026. 

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Powell was born in Washington, D.C. He received a bachelor\u2019s degree in politics from Princeton University in 1975 and earned a law degree from Georgetown University in 1979. While at Georgetown, he was editor-in-chief of the Georgetown Law Journal.

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Powell served as an assistant secretary and as undersecretary of the Treasury under President George H.W. Bush. There, he was responsible for policy on financial institutions, the Treasury debt market, and related areas. Before joining the administration, he worked as a lawyer and investment banker in New York City.

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Before his appointment to the Board of Governors, Powell was a visiting scholar at the Bipartisan Policy Center in Washington, D.C., where he focused on federal and state fiscal issues. From 1997 through 2005, Powell was a partner at The Carlyle Group.

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In addition to service on corporate boards, Powell has served on the boards of charitable and educational institutions, including the Bendheim Center for Finance at Princeton University and the Nature Conservancy of Washington, D.C., and Maryland.

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Written by the Board of Governors of the Federal Reserve System and updated January 1, 2023. See disclaimer and update policy.

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\n\n\n\n \n", + "page_last_modified": "" + }, + { + "page_name": "Federal Reserve Board - Jerome H. Powell, Chair", + "page_url": "https://www.federalreserve.gov/aboutthefed/bios/board/powell.htm", + "page_snippet": "Jerome H. Powell first took office as Chair of the Board of Governors of the Federal Reserve System on February 5, 2018, for a four-year term. He was reappointed to the office and sworn in for a second four-year term on May 23, 2022. Mr. Powell also serves as Chairman of the Federal Open Market ...Jerome H. Powell first took office as Chair of the Board of Governors of the Federal Reserve System on February 5, 2018, for a four-year term. He was reappointed to the office and sworn in for a second four-year term on May 23, 2022. Mr. Powell also serves as Chairman of the Federal Open Market Committee, the System's principal monetary policymaking body. The Federal Reserve, the central bank of the United States, provides the nation with a safe, flexible, and stable monetary and financial system. Main Menu Toggle Button Sections Search Toggle Button ... Jerome H. Powell, ChairPhilip N. Jefferson, Vice ChairMichael S. Barr, Vice Chair for SupervisionMichelle W. BowmanLisa D. CookAdriana D. KuglerChristopher J. WallerBoard of Governors Members, 1914-Present Prior to his appointment to the Board, Mr. Powell was a visiting scholar at the Bipartisan Policy Center in Washington, D.C., where he focused on federal and state fiscal issues. From 1997 through 2005, Mr. Powell was a partner at The Carlyle Group.", + "page_result": "\ufeff\r\n\r\n \r\n \r\n \r\n \r\n \r\n \r\n \r\n \r\n \r\n \r\n \r\n \r\n \r\n \r\n \r\n \r\n \r\n \r\n \r\n Federal Reserve Board - Jerome H. Powell, Chair\r\n \r\n \r\n \r\n \r\n \r\n \r\n \r\n \r\n \r\n \r\n \r\n \r\n\r\n \r\n \r\n \r\n Skip to main content\r\n\r\n
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Board Members

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Jerome H. Powell, Chair

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Recent Speeches
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\r\n \r\n \"Chair Jerome H. Powell\"\r\n

Jerome H. Powell first took office as Chair of the Board of Governors of the Federal Reserve System on February 5, 2018, for a four-year term. He was reappointed to the office and sworn in for a second four-year term on May 23, 2022. Mr. Powell also serves as Chairman of the Federal Open Market Committee, the System's principal monetary policymaking body. Mr. Powell has served as a member of the Board of Governors since taking office on May 25, 2012, to fill an unexpired term. He was reappointed to the Board and sworn in on June 16, 2014, for a term ending January 31, 2028.

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Prior to his appointment to the Board, Mr. Powell was a visiting scholar at the Bipartisan Policy Center in Washington, D.C., where he focused on federal and state fiscal issues. From 1997 through 2005, Mr. Powell was a partner at The Carlyle Group.

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Mr. Powell served as an Assistant Secretary and as Under Secretary of the U.S. Department of the Treasury under President George H.W. Bush, with responsibility for policy on financial institutions, the Treasury debt market, and related areas. Prior to joining the Bush administration, Mr. Powell worked as a lawyer and investment banker in New York City.

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In addition to service on corporate boards, he has served on the boards of charitable and educational institutions, including the Bendheim Center for Finance at Princeton University and the Nature Conservancy of Washington, D.C., and Maryland.

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Mr. Powell was born in February 1953 in Washington, D.C. He received an AB in politics from Princeton University in 1975 and earned a law degree from Georgetown University in 1979. While at Georgetown, he was editor-in-chief of the Georgetown Law Journal.

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Mr. Powell is married with three children.

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Federal Reserve Chair

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The Chair is the active executive officer of the Board of Governors of the Federal Reserve System. Prior to the enactment of the Banking Act of 1935, the Board of Governors of the Federal Reserve System was known as the Federal Reserve Board, the active executive officer of the Federal Reserve Board was known as Governor, and the Secretary of the Treasury held the title of Chairman of the Federal Reserve Board.

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\n Federal Reserve Chair. https://fraser.stlouisfed.org/timeline/federal-reserve-chair, accessed on March 12, 2024.\n

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