Federal Reserve Chairman Jerome Powell arrives to attest during the House Financial Services Committee proceeding titled "The Federal Reserve's Semi-Annual Monetary Policy Report," successful Rayburn Building connected Wednesday, June 21, 2023.
Tom Williams | CQ-Roll Call, Inc. | Getty Images
Let it beryllium known: The person of the U.S. Federal Reserve, the astir important cardinal slope successful the world, is simply a Deadhead.
No 1 is ever apt to confuse Jerome Powell with Jerry Garcia, but the policymaker seemingly likes to halt and odor the "Scarlet Begonias" erstwhile helium can.
Indeed, Powell was snapped June 3 astatine a Dead & Company amusement successful Bristow, Virginia. An ensuing Twitter station created a spot of a societal media sensation.
No 1 dared inquire Powell astir his excursion astatine past week's post-meeting property conference. But the taxable yet did travel up Wednesday erstwhile helium addressed legislators connected the House Financial Services Committee.
Rep. Wiley Nickel (D-N.C.) said helium was "excited" to perceive that Powell was astatine the show, and asked him what helium thought.
"It was terrific. What tin I say? It was great," Powell replied. "I've been a Grateful Dead instrumentality for 50 years."
(L-R) John Mayer, Jay Lane and Bob Weir of Dead and Company execute during 2023 New Orleans Jazz & Heritage Festival astatine Fair Grounds Race Course connected May 06, 2023 successful New Orleans, Louisiana.
Erika Goldring | Getty Images
Online reports indicated it indispensable person been fun: The set played staples specified arsenic "Brown-Eyed Women," "Uncle John's Band" and "Deal" portion pulling retired "One More Saturday Night" and the Beatles' "Dear Prudence" for the archetypal clip this tour.
The questioning Wednesday provided immoderate kinship for Powell, Nickel and a fewer different committee members who expressed Dead fandom.
"I similar radical who similar the Grateful Dead," Nickel said.
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