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	<title>7.2M &#8211; Finance News Today</title>
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	<title>7.2M &#8211; Finance News Today</title>
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		<title>Jerome Powell sells $7.2M Maryland waterfront mansion after Fed exit:</title>
		<link>https://financenews.one/2026/09/12/jerome-powell-sells-7-2m-maryland-waterfront-mansion-after-fed-exit/</link>
		
		<dc:creator><![CDATA[Finance News]]></dc:creator>
		<pubDate>Sun, 13 Sep 2026 01:57:12 +0000</pubDate>
				<category><![CDATA[Real Estate]]></category>
		<category><![CDATA[7.2M]]></category>
		<category><![CDATA[exit]]></category>
		<category><![CDATA[Fed]]></category>
		<category><![CDATA[Jerome]]></category>
		<category><![CDATA[mansion]]></category>
		<category><![CDATA[Maryland]]></category>
		<category><![CDATA[Powell]]></category>
		<category><![CDATA[sells]]></category>
		<category><![CDATA[waterfront]]></category>
		<guid isPermaLink="false">https://financenews.one/2026/09/12/jerome-powell-sells-7-2m-maryland-waterfront-mansion-after-fed-exit/</guid>

					<description><![CDATA[<div style="margin-bottom:20px;"><img width="1280" height="720" src="https://financenews.one/wp-content/uploads/2026/09/jerome-powell-maryland-mansion.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" fetchpriority="high" srcset="https://financenews.one/wp-content/uploads/2026/09/jerome-powell-maryland-mansion.jpg 1280w, https://financenews.one/wp-content/uploads/2026/09/jerome-powell-maryland-mansion-300x169.jpg 300w, https://financenews.one/wp-content/uploads/2026/09/jerome-powell-maryland-mansion-1024x576.jpg 1024w, https://financenews.one/wp-content/uploads/2026/09/jerome-powell-maryland-mansion-768x432.jpg 768w" sizes="(max-width: 1280px) 100vw, 1280px" /></div>DoubleLine founder and CEO Jeffrey Gundlach critiques the Federal Reserve&#8217;s historical rate-hiking approach, arguing Kevin Warsh&#8217;s leadership would bring a different perspective to monetary policy, on &#8216;Making Money.&#8217; Former Federal Reserve Chair Jerome Powell has reportedly sold a waterfront Maryland estate for $7.2 million. The six-bedroom, eight-bathroom home on Gibson Island changed hands in an [&#8230;]]]></description>
										<content:encoded><![CDATA[<div style="margin-bottom:20px;"><img width="1280" height="720" src="https://financenews.one/wp-content/uploads/2026/09/jerome-powell-maryland-mansion.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" srcset="https://financenews.one/wp-content/uploads/2026/09/jerome-powell-maryland-mansion.jpg 1280w, https://financenews.one/wp-content/uploads/2026/09/jerome-powell-maryland-mansion-300x169.jpg 300w, https://financenews.one/wp-content/uploads/2026/09/jerome-powell-maryland-mansion-1024x576.jpg 1024w, https://financenews.one/wp-content/uploads/2026/09/jerome-powell-maryland-mansion-768x432.jpg 768w" sizes="(max-width: 1280px) 100vw, 1280px" /></div><p> <br />
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<p>DoubleLine founder and CEO Jeffrey Gundlach critiques the Federal Reserve&#8217;s historical rate-hiking approach, arguing Kevin Warsh&#8217;s leadership would bring a different perspective to monetary policy, on &#8216;Making Money.&#8217;</p>
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<p>Former Federal Reserve Chair Jerome Powell has reportedly sold a <a rel="nofollow" href="https://www.foxbusiness.com/category/fox-news-maryland" target="_blank" rel="noopener">waterfront Maryland</a> estate for $7.2 million.</p>
<p>The six-bedroom, eight-bathroom home on Gibson Island changed hands in an off-market sale on Aug. 4, less than three months <a rel="nofollow" href="https://www.foxbusiness.com/category/jerome-powell" target="_blank" rel="noopener">after Powell</a> concluded his eight-year term as chair of the Federal Reserve, <a rel="nofollow" href="https://www.realtor.com/news/trends/former-fed-chair-jerome-powell-sells-gibson-island-maryland-mansion/" target="_blank" rel="nofollow noopener">Realtor.com reported</a>, citing public property records.</p>
<p>The <a rel="nofollow" href="https://www.foxbusiness.com/category/fox-news-housing" target="_blank" rel="noopener">7,155-square-foot home</a> sits on a two-acre waterfront lot overlooking the Magothy River, the outlet reported.</p>
<p><a rel="nofollow" href="https://www.foxbusiness.com/economy/fed-policymakers-inflation-worries-weighed-rate-cut-outlook-warshs-first-meeting" target="_blank" rel="noopener"><strong>FED POLICYMAKERS&#8217; INFLATION WORRIES WEIGHED ON RATE CUT OUTLOOK AT WARSH&#8217;S FIRST MEETING</strong></a></p>
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<div class="m"><picture><source media="(max-width: 767px)" srcset="https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2025/10/343/192/jerome-powell-fomc-oct.png?ve=1&#038;tl=1, https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2025/10/686/384/jerome-powell-fomc-oct.png?ve=1&#038;tl=1 2x"><source media="(min-width: 768px) and (max-width: 1023px)" srcset="https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2025/10/672/378/jerome-powell-fomc-oct.png?ve=1&#038;tl=1, https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2025/10/1344/756/jerome-powell-fomc-oct.png?ve=1&#038;tl=1 2x"><source media="(min-width: 1024px) and (max-width: 1279px)" srcset="https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2025/10/931/523/jerome-powell-fomc-oct.png?ve=1&#038;tl=1, https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2025/10/1862/1046/jerome-powell-fomc-oct.png?ve=1&#038;tl=1 2x"><source media="(min-width: 1280px)" srcset="https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2025/10/720/405/jerome-powell-fomc-oct.png?ve=1&#038;tl=1, https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2025/10/1440/810/jerome-powell-fomc-oct.png?ve=1&#038;tl=1 2x"><img decoding="async" src="https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2025/10/931/523/jerome-powell-fomc-oct.png?ve=1&#038;tl=1" alt="U.S. Federal Reserve Chair Jerome Powell speaks at the completion of the FOMC meeting at the Federal Reserve"/></source></source></source></source></picture></div>
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<p><span>Former Federal Reserve Chair Jerome Powell has reportedly sold a waterfront Maryland estate for $7.2 million.</span><span> (Jim Watson/AFP/Getty Images)</span></p>
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<p>The home was not publicly listed on a multiple listing service, with the <a rel="nofollow" href="https://www.bizjournals.com/baltimore/news/2026/09/08/jerome-powell-gibson-island-mansion-sale.html" target="_blank" rel="nofollow noopener">Baltimore Business Journal</a> first reporting the sale.</p>
<p>Built in 2004, the shingle-style mansion features water views from nearly every main room, along with a waterfront swimming pool, stone terraces, a private pier with a boat lift and landscaped grounds, according to Realtor.com.</p>
<p>Powell purchased the property for $3.86 million in 2006.</p>
<p><a rel="nofollow" href="https://www.foxbusiness.com/economy/federal-reserve-interest-rate-decision-june-17-2026" target="_blank" rel="noopener"><strong>FEDERAL RESERVE LEAVES INTEREST RATES UNCHANGED AS WARSH ERA BEGINS</strong></a></p>
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<div class="m"><picture><source media="(max-width: 767px)" srcset="https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2026/09/343/192/jerome-powell-house-sale-4.22.42-pm.jpg?ve=1&#038;tl=1, https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2026/09/686/384/jerome-powell-house-sale-4.22.42-pm.jpg?ve=1&#038;tl=1 2x"><source media="(min-width: 768px) and (max-width: 1023px)" srcset="https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2026/09/672/378/jerome-powell-house-sale-4.22.42-pm.jpg?ve=1&#038;tl=1, https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2026/09/1344/756/jerome-powell-house-sale-4.22.42-pm.jpg?ve=1&#038;tl=1 2x"><source media="(min-width: 1024px) and (max-width: 1279px)" srcset="https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2026/09/931/523/jerome-powell-house-sale-4.22.42-pm.jpg?ve=1&#038;tl=1, https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2026/09/1862/1046/jerome-powell-house-sale-4.22.42-pm.jpg?ve=1&#038;tl=1 2x"><source media="(min-width: 1280px)" srcset="https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2026/09/720/405/jerome-powell-house-sale-4.22.42-pm.jpg?ve=1&#038;tl=1, https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2026/09/1440/810/jerome-powell-house-sale-4.22.42-pm.jpg?ve=1&#038;tl=1 2x"><img decoding="async" src="https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2026/09/931/523/jerome-powell-house-sale-4.22.42-pm.jpg?ve=1&#038;tl=1" alt="jerome-powell-house-sale"/></source></source></source></source></picture></div>
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<p><span>Powell purchased the property for $3.86 million in 2006.</span><span> (Google Earth)</span></p>
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<p>The former <a rel="nofollow" href="https://www.foxbusiness.com/category/the-fed" target="_blank" rel="noopener">Fed chair</a> and his wife, Elissa Leonard, continue to own another home on Gibson Island that they purchased for about $3 million, Realtor.com reported.</p>
<p>The couple&#8217;s primary residence is in Chevy Chase, Maryland.</p>
<p>Powell concluded his tenure as Fed chairman in May, with Kevin Warsh succeeding him.</p>
<p><a rel="nofollow" href="https://www.foxbusiness.com/economy/powell-says-hell-stay-fed-board-after-chairmanship-ends-wont-shadow-fed-chair" target="_blank" rel="noopener"><strong>POWELL SAYS HE&#8217;LL STAY ON FED BOARD AFTER CHAIRMANSHIP ENDS BUT WON&#8217;T BE A &#8216;SHADOW FED CHAIR&#8217;</strong></a></p>
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<div class="m"><picture><source media="(max-width: 767px)" srcset="https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2026/08/343/192/fed-chair-kevin-warsh-jackson-hole-2026-02.jpg?ve=1&#038;tl=1, https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2026/08/686/384/fed-chair-kevin-warsh-jackson-hole-2026-02.jpg?ve=1&#038;tl=1 2x"><source media="(min-width: 768px) and (max-width: 1023px)" srcset="https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2026/08/672/378/fed-chair-kevin-warsh-jackson-hole-2026-02.jpg?ve=1&#038;tl=1, https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2026/08/1344/756/fed-chair-kevin-warsh-jackson-hole-2026-02.jpg?ve=1&#038;tl=1 2x"><source media="(min-width: 1024px) and (max-width: 1279px)" srcset="https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2026/08/931/523/fed-chair-kevin-warsh-jackson-hole-2026-02.jpg?ve=1&#038;tl=1, https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2026/08/1862/1046/fed-chair-kevin-warsh-jackson-hole-2026-02.jpg?ve=1&#038;tl=1 2x"><source media="(min-width: 1280px)" srcset="https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2026/08/720/405/fed-chair-kevin-warsh-jackson-hole-2026-02.jpg?ve=1&#038;tl=1, https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2026/08/1440/810/fed-chair-kevin-warsh-jackson-hole-2026-02.jpg?ve=1&#038;tl=1 2x"><img decoding="async" src="https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2026/08/931/523/fed-chair-kevin-warsh-jackson-hole-2026-02.jpg?ve=1&#038;tl=1" alt="Fed Chair Kevin Warsh at the Jackson Hole conference"/></source></source></source></source></picture></div>
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<p><span>Kevin Warsh succeeded Jerome Powell as Federal Reserve chairman earlier this year.</span><span> (David Paul Morris/Bloomberg via Getty Images)</span></p>
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<p>During his time leading the central bank, Powell frequently clashed with <a rel="nofollow" href="https://www.foxbusiness.com/category/donald-trump" target="_blank" rel="noopener">President Donald Trump</a> over interest rate policy.</p>
<p>FOX Business reached out to Powell and Gibson Island Real Estate for more information.</p>
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<p><br />
<br />Read More: <a href="https://www.foxbusiness.com/real-estate/former-fed-chair-jerome-powell-sells-maryland-waterfront-estate-7-2m">Jerome Powell sells $7.2M Maryland waterfront mansion after Fed exit:</a></p>
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