#PowellRemarks Here’s your ~150‑word post about Jerome Powell:

Jerome H. Powell, an American lawyer turned investment banker, has served as the 16th Chair of the U.S. Federal Reserve since February 5, 2018, and was sworn in for a second term on May 23, 2022 . A Princeton graduate who earned his law degree from Georgetown, Powell worked at the Treasury under President George H.W. Bush before joining the Carlyle Group as a partner .

As Fed chair, Powell leads the Federal Open Market Committee, overseeing interest‑rate decisions. In June 2025, the Fed held rates steady at 4.25–4.50 % and signaled possible rate cuts later this year—despite mounting political pressure from former President Trump . Trump has attacked Powell as “stupid” and “political,” and even suggested appointing himself as a replacement before Powell’s term expires in May 2026 .

Powell emphasizes data‑driven decisions aimed at balancing inflation control with employment, defending the Fed’s independence amid political critiques.