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How Jerome Powell Reshaped The Federal Reserve

DeFi Daily News by DeFi Daily News
May 14, 2026
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Jerome Powell was the 16th Chairman of the Federal Reserve System. As one of the nation’s top economic policymakers, Powell guided the central bank through the coronavirus crisis and political efforts to reduce central bank independence. Experts say Powell may best be remembered for presiding over the sharpest uptick inflation in a generation. Others note his role in upholding the United States position as a world-leading economy, stabilizing conditions for domestic workers and consumers alongside the broader flow of dollars worldwide. CNBC’s Steve Liesman, Jeff Cox and Matt Peterson report.

Reporter: Jeff Cox, Steve Liesman, Matt Peterson
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How Jerome Powell Reshaped The Federal Reserve

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Tags: central bankingcnbcDual mandateEconomicsEconomyemploymentFederalfederal funds rateFederal ReserveInflationinterest ratesJeff CoxJeromejerome powelljobsMacroeconomicsMonetary PolicyPowellReserveReshapedstocksunited statesWashington D.C.
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