搜尋結果
The Federal Reserve System (often shortened to the Federal Reserve, or simply the Fed) is the central banking system of the United States.It was created on December 23, 1913, with the enactment of the Federal Reserve Act, after a series of financial panics (particularly the panic of 1907) led to the desire for central control of the monetary system in order to alleviate financial crises.
- December 23, 1913 (109 years ago)
Janet Louise Yellen (born August 13, 1946) is an American economist serving as the 78th United States secretary of the treasury since January 26, 2021. She previously served as the 15th chair of the Federal Reserve from 2014 to 2018. She is the first woman to hold either post, and has also led the White House Council of Economic Advisers .
The International Monetary Fund ( IMF) is a major financial agency of the United Nations, and an international financial institution funded by 190 member countries, with headquarters in Washington, D.C. It is regarded as the global lender of last resort to national governments, and a leading supporter of exchange-rate stability.
The Chinese Communist Party ( CCP ), [3] officially the Communist Party of China ( CPC ), [4] is the founding and sole ruling party of the People's Republic of China (PRC). Under the leadership of Mao Zedong, the CCP emerged victorious in the Chinese Civil War against the Kuomintang.
- Early Life and Education
- Career
- Personal Life
- See Also
- External Links
Powell was born on February 4, 1953, in Washington, D.C., as one of children to Patricia (née Hayden; 1926–2010) and Jerome Powell (1921–2007), a lawyer in private practice. His maternal grandfather, James J. Hayden, was Dean of the Columbus School of Law at Catholic University of America and later a lecturer at Georgetown Law School.He has five si...
Legal and investment banking
In 1979, Powell moved to New York City and became a clerk to Judge Ellsworth Van Graafeiland of the United States Court of Appeals for the Second Circuit. From 1981 to 1983, Powell was a lawyer with Davis Polk & Wardwell, and, from 1983 to 1984, he worked at the firm of Werbel & McMillen. From 1984 to 1990, Powell worked at Dillon, Read & Co., an investment bank, where he concentrated on financing, merchant banking, and mergers and acquisitions, rising to the position of vice president. Betwe...
Federal Reserve Board of Governors
In December 2011, along with Jeremy C. Stein, Powell was nominated to the Federal Reserve Board of Governors by President Barack Obama. The nomination included two people to help garner bipartisan support for both nominees since Stein's nomination had previously been filibustered. Powell's nomination was the first time that a president nominated a member of the opposition party for such a position since 1988. He took office on May 25, 2012, to fill the unexpired term of Frederic Mishkin, who...
Federal Reserve Chairman
On November 2, 2017, President Donald Trump nominated Powell to serve as the chair of the Federal Reserve, replacing Janet Yellen at the helm of the central bank. On December 5, the Senate Banking Committee approved Powell's nomination to be chair in a 22–1 vote, with Senator Elizabeth Warren casting the lone dissenting vote. His nomination was confirmed by the Senate on January 23, 2018, by an 84–13 vote.Powell assumed office as chair on February 5, 2018.
Powell married Elissa Leonard in 1985 at the Episcopal Washington National Cathedral. They have three children and live in Chevy Chase Village, Maryland, where Elissa is chair of the board of managers of the village. In 2010, Powell was on the board of governors of Chevy Chase Club, a country club. Based on public filings, as of 2019 Powell's net w...
Official
1. Biography from the Federal Reserve 2. Federal Reserve main website
Other
1. Statements and Speeches of Jerome H. Powell(Saint Louis Federal Reserve Database) 2. Appearances on C-SPAN
The League of Nations ( French: Société des Nations [sɔsjete de nɑsjɔ̃]) was the first worldwide intergovernmental organisation whose principal mission was to maintain world peace. [1] It was founded on 10 January 1920 by the Paris Peace Conference that ended the First World War.
All leaders at the 2021 G20 Summit in Rome, Italy. Bring together systemically important industrialized and developing economies to discuss key issues in the global economy. [1] The G20 or Group of 20 is an intergovernmental forum comprising 19 sovereign countries, the European Union (EU), and the African Union (AU).
