TIL that between 2010 and 2012, Jerome Powell worked on getting Congress to raise the U.S. debt ceiling during the debt-ceiling crisis of 2011. He presented the implications to the economy and interest rates of a default or a delay in raising the debt ceiling. He worked for a salary of $1 per year.

https://en.wikipedia.org/wiki/Jerome_Powell

https://www.reddit.com/r/todayilearned/comments/15lqy36/til_that_between_2010_and_2012_jerome_powell/

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