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ECB's Lagarde Earns €726,000, Far Surpassing Fed's Powell

1/2/2026

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Story summary
  • Christine Lagarde, President of the European Central Bank, earned €726,000 in total pay in 2024, versus €466,000 disclosed.
  • The figure is 56% above the disclosed amount and nearly four times Jay Powell, chair of the Federal Reserve, with a $203,000 salary.
  • ECB says Lagarde's salary is set by a remuneration committee and has not changed since 1998.
  • Lagarde is expected to receive a pension of €178,000 annually starting in 2030.