Jerome Powell's Swansong: A Turbulent Legacy at the Federal Reserve After eight years at the helm of the Federal Reserve, Jerome Powell is stepping down, leaving behind a legacy marked by unprecedented economic turbulence and intense political scrutiny. Powell's tenure has been defined by a series of high-stakes decisions, from navigating the COVID-19 pandemic to tackling record-high inflation and a rapidly shifting monetary policy landscape. As he departs, economists and policymakers are weighing the impact of his leadership on the US economy and the global financial system. Joining PBS NewsHour's William Brangham to discuss Powell's legacy and lasting impact is Jason Furman, a former top economic advisor to President Barack Obama.
Jerome Powell's eight-year role leading the Federal Reserve is over. His term will be remembered as one of the most turbulent and politically charged in the central bank's history. William Brangham discussed Powell's impact and legacy with Jason Furman.
