AdvertisementFed Chair Jerome Powell is confirmed for a 2nd term. Inflation will be his focusUpdated May 12, 2022Scott HorsleyfacebookEmailFederal Reserve Chair Jerome Powell speaks during a news conference in Washington, D.C., on May 4. Powell was confirmed by the Senate to a second term leading the central bank. Fighting inflation will define his legacy. (AFP via Getty Images)This article was originally published on May 12, 2022.