jerome powell
In this March 21, 2018, file photo, Federal Reserve Chairman Jerome Powell speaks following the Federal Open Market Committee meeting in Washington.
  • Fed Chairman Jerome Powell told David Rubenstein that he earns about $190,000 per year in salary.
  • He said that he thinks the amount he earns is fair.
  • "If we have family expenses that exceed my salary, then we have to sell an asset," he explained.

Jerome Powell, the chairman of the Federal Reserve, told investor David Rubenstein that he makes about $190,000 per year. 

Speaking at the Economic Club of Washington DC last week, the most influential figure presiding over the US economy and one of the key figures in global financial markets was asked whether or not he thought his salary was fair.