Jerome Powell full name is Jerome Hayden Powell is the 16th Chairman of Ferderal Reserve since February 2018. In 2021, he was appointed as the Board of the Federal Reserve by American President Barack Obama. Also, he was appointed as the Head of Federal Reserve by American President Donald Trump. Check all the details about Jerome Powell Wiki, Age, Education, Family, Wife, Career, Net Worth, Biography & More.
Jerome Powell was born on 4th March, 1953 (Age 68 years; As in 2021) in Washington D.C., U.S.A. His nickname is known as Jay. His zodiac sign is Aquarius. He is from Republican Party. His nationality is American. He was a scholar of the Bipartisan Policy Center.
He did his schooling from Georgetown Preparatory School. Thereafter, he did his graduation Bachelor of Arts degree in politics from Princeton University. In his education from Princeton University his senior thesis titled “South Africa: Forces for Change”.
He spent one year as legislative assistant in Pennsylvania Senator Richard Schweiker in 1975-1976. In 1979, he earned Juris Doctor degree from Georgetown University, where he was editor-in-chief of Georgetown Law Journal.
Height: 5′ 8″
Weight: 60 Kg
Eye Colour: Light Brown
Hair Colour: Light Grey White
Skin Colour: Fair
Jerome Powell father name is Jerome Powell, a lawyer and mother name is Patricia, housewife. His maternal grandfather name James J. Hayden, who was the Dean of Columbus School of Law and thereafter lecturer at Georgetown Law School. He has 4 sisters name Susan, Tia, Libby, Monica and one brother name Matthew.
Wife & Children
Jerome Powell wife name is Elissa Leonard. Both were married in 1985. Both are happily married couple and the have three children. They live in Chevy Chase village, Maryland. His wife is the chairman of the village board of managers.
His career started in 1979, when he moved to New York City and appointed a clerk to judge Ellsworth Van Graafeiland. Thereafter he was a lawyer with Davis Polk & Wardwell and worked in a firm name Werbel & McMillen.
He was worked in many places like in investment bank, US Department of Treasury, Under Secretary of the Treasury for Domestic Finance, Director for Bankers Trust, Partner at the Carlyle Group, Managing partner of Global Environment Fund.
In December 2011, he was nominated to the Federal Reserve Board of Governors by President Barack Obama. Thereafter he was nominated for US Senate. In 2017, he was nominated and appointed to serve chair of the Federal Reserve by US President Donald Trump.
In 2020, he was launched a series of actions to the financial market impact of COVID-19 pandemic. In 2021, his monetary policy is the mother of all bubbles in the world’s financial markets said by the IMF deputy director.
Net Worth & Salary
Jerome Powell net worth is estimated about $55 Million Dollar and he is the most wealthiest member of the Federal Reserve Board of Governors. His salary as a top member of Federal Reserve is about $2,00,00 Dollars. Because he was served in many posts in his career and he was also served on charitable boards and educational institutions like DC Prep.
Jerome Powell and his wife lived in a large house in Chevy Chase, Maryland. His wife Elissa is the chairman of the board of managers of village. His home currently valuation is more than $4 Million Dollar according to an estimate. He purchased this house in 2006 for $3 Million Dollar. His house is 4,736 square feet. His house established with 6.5 bathrooms and also a pool and finished basement foot and free sits on 0.4 acres of land.
Amazing Facts of Jerome Powell
- He was the former founder of Center City Consortium, group of 16 schools in poor areas of Washington, D.C.
- He is a registered with Republican Political Party.
- He was worked for $1 salary per year.
- In 1979, he received Juris Doctor degree from Georgetown University Law Center.
- He was also worked editor-in-chief of Georgetown Law Journal.
- He was a scholar at Bipartisan Policy Center from 2010 to 2012.
- In 2013, he give a speech regarding financial regulation and ends with “too big to fail”.