Powell refers to Jerome Powell, the current Chair of the Federal Reserve, the central banking system of the United States. He has held this position since February 2018, overseeing monetary policy and financial regulation. Powell's role is crucial in managing inflation, employment rates, and overall economic stability. Before becoming Chair, Powell served as a member of the Federal Reserve Board of Governors and worked in various roles in finance and government. He has a background in law and investment banking, which informs his approach to economic policy and decision-making within the Federal Reserve.