Global Courant
Federal Reserve Chairman Jerome Powell arrives to testify at the House Financial Services Committee hearing titled “The Federal Reserve’s Semi-Annual Monetary Policy Report,” at the Rayburn Building on Wednesday, June 21, 2023.
Tom Williams | CQ Roll Call, Inc. | Getty Images
Let it be known: the leader of the US Federal Reserve, the most important central bank in the world, is a Deadhead.
No one is likely to ever mistake Jerome Powell for Jerry Garcia, but the policymaker apparently likes to stop and smell the “Scarlet Begonias” when he can.
Indeed, Powell was photographed on June 3 at a Dead & Company show in Bristow, Virginia. A subsequent Twitter post caused a bit of a social media sensation.
No one dared ask Powell about his outing at the press conference after last week’s meeting. But the topic finally came up Wednesday when he addressed lawmakers at the House Financial Services Committee.
Rep. Wiley Nickel (DN.C.) said he was “excited” to hear Powell was on the show, and asked him what he thought.
“It was great. What can I say? It was great,” Powell replied. “I’ve been a Grateful Dead fan for 50 years.”
(L-R) John Mayer, Jay Lane and Bob Weir of Dead and Company perform during 2023 New Orleans Jazz & Heritage Festival at Fair Grounds Race Course on May 6, 2023 in New Orleans, Louisiana.
Erika Goudring | Getty Images
Online reports indicated it must have been fun: The band played staples like “Brown-Eyed Women,” “Uncle John’s Band,” and “Deal” while releasing the Beatles’ “One More Saturday Night” and “Dear Prudence” for the first time this tour.
The interrogation Wednesday sparked some kinship between Powell, Nickel, and a few other committee members who expressed Dead fandom.
“I like people who like the Grateful Dead,” Nickel said.
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