On 2 November 2017, Donald Trump nominated Jerome Powell to serve as the Chair of the Federal Reserve. [4]
From 1997 to 2005, Jerome Powell was a partner at The Carlyle Group.
He founded and led the Industrial Group within the Carlyle U.S. Buyout Fund.
[10][14]
The bin Laden family have had investments in the Carlyle Group.
Jerome Powell would be the first Fed chief in 40 years without an economics degree.
Jerome Powell would be the richest fed chief ever.
Powell is likely to keep US interest rates low, which could mean higher inflation.
Powell is likely to go easier on regulating banks.
Trump ran on a platform of Wall Street deregulation.
Jerome 'Jay' Powell
The bin Laden family have had investments in the Carlyle Group.
Jerome Powell would be the first Fed chief in 40 years without an economics degree.
Jerome Powell would be the richest fed chief ever.
Powell is likely to keep US interest rates low, which could mean higher inflation.
Powell is likely to go easier on regulating banks.
Trump ran on a platform of Wall Street deregulation.
Jerome 'Jay' Powell