Interestingly, Jerome Powell, the current Chairman of the Federal Reserve, was born in Washington in 1953. He is now 73 years old and has been working in the system for over ten years. He received his education at Georgetown, then spent a long time in the financial sector before leading the Federal Reserve System. Powell has a large family — four children, and he has been married to Elissa Leonard since 1985. As the chief monetary regulator of the country, Jerome Powell makes decisions that are always closely monitored by the markets. Any of his comments on interest rates or inflation can have a profound impact on cryptocurrencies and stocks.