Thursday, 2 November 2017

The Fed has a New Future Boss - Jerome Powell

Jerome Powell has been chosen by President Trump to head up the Federal Reserve, replacing Janet Yellen from February 2018 or thereabouts.

The Fed conducts American monetary policy and promotes a stable financial system.

Jerome Powell is a former partner in the Carlyle Group. He is currently a member of the Federal Reserve Board of Governors. His undergraduate degree was in Politics at Princeton. He also has a JD from Georgetown, the second largest law school in the United States.

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