Jerome Powell urges Princeton grads to embrace risks and public service
- Jerome Powell spoke to Princeton's Class of 2025, encouraging them to embrace public service and take risks in their careers.
- He reflected on his experiences, emphasizing the importance of initiative and learning from mistakes.
- Powell concluded that students should prioritize integrity and service to society in their future paths.
On May 25, 2025, Jerome Powell delivered a speech to the graduating class of Princeton University, where he emphasized the importance of embracing public service and taking risks in one's career. He addressed the students candidly, reflecting on his own experiences at Princeton and encouraging them to find a balance between personal achievements and serving their fellow citizens. Powell underscored that luck played a role in his successes, but taking initiative was equally crucial. He recalled pivotal moments in his life that he attributed to showing initiative, citing an encounter with former U.S. Senator Nicholas F. Brady that led to significant career opportunities. Powell highlighted that many graduates might not feel ready for leadership roles, a sentiment he himself experienced, encouraging them to embrace such challenges. He explained that mistakes are part of the growth process and urged graduates to view failures as learning opportunities. Powell stressed the importance of continuous self-improvement and the need for integrity in both personal and professional aspects of life. He concluded his remarks by affirming that their decisions and lives carry weight, motivating them to live with purpose and uphold their values. The Federal Reserve Chair conveyed that public service is vital for the health of democracy and that graduates should look for ways to build upon the progress of the previous generations. He recognized the role of career civil servants during the COVID-19 pandemic, praising their commitment to supporting the economy during challenging times. Powell reiterated that success often comes from a combination of courage, initiative, and the willingness to take risks, urging graduates to be bold in their future endeavors. His heartfelt address resonated with many of the graduates as he inspired them to seek meaningful careers and strive for personal growth while contributing to society. Powell's speech reaffirmed the value of integrity and a sense of duty that should accompany their future choices as they embark on their professional journeys, ultimately emphasizing that true fulfillment comes from serving the community.