What is Jerome Powell's salary?
Jerome Powell's annual salary is $226,300, a figure that reflects his position as the Chair of the Federal Reserve. This compensation has grown over his tenure; for example, he earned approximately $203,500 in 2019, with the current rate representing incremental adjustments over time. His compensation is distinct from his total net worth, which is estimated to be much higher due to his previous career in private equity and investment banking before entering public service. The salary is specifically for his role as a public servant and is consistent with the standard federal pay scales mandated for Federal Reserve governors and the Chair, a policy intended to maintain the integrity and transparency of his high-ranking government office.
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