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The following is a list of past and present vice chairs of the Board of Governors of the Federal Reserve System. A vice chair serves for a four-year term after appointment, but may be reappointed for several consecutive four-year terms. Since the Federal Reserve was established in 1914, the following people have served as vice chair. [a] [15] #
The areas of the bank involved in business report to both the president and first vice president of the New York Fed. They in turn report to the Board of Directors of the New York Fed. [5] The president of the New York Fed is a permanent member of the Federal Open Market Committee, which is responsible for open market operations. [6]
Federal Reserve Chairs (left to right): Janet Yellen, Alan Greenspan, Ben Bernanke, and Paul Volcker.Photo taken 1 May 2014, when Yellen was Chair. As stipulated by the Banking Act of 1935, the Chairman is chosen by the president from among the sitting governors to serve four-year terms with the advice and consent of the Senate.
From 1991 to 1994 Minehan was the First Vice President of the Federal Reserve Bank of Boston, one of 12 regional Reserve Banks that together with the Board of Governors in Washington D.C. form the Federal Reserve System, [5] which charts "the nation's monetary policy and ensures smooth operation of the banking system."
At the Fed, Black became an assistant vice president, vice president, and first-vice president before becoming the president of the FRB Richmond branch. Black and his two successors as president of the Richmond Fed, J. Alfred Broaddus [5] and Jeffrey Lacker, discussed in an interview for the Richmond Times-Dispatch the changes that occurred in economic trends, the banking community, and the ...
He took office on January 9, 2023, as the tenth president and chief executive officer of the Federal Reserve Bank of Chicago. [4] [5] Ellen Bromagen is first vice president and chief operating officer of the Chicago Fed. [6] Anna Paulson is Executive Vice President and Director of Research. [7]
Naureen Hassan is an American finance executive who serves as the president of UBS Americas. [1] [2] She previously served as the first vice president and chief operating officer of the Federal Reserve Bank of New York.
The Federal Reserve’s board of governors is responsible for overseeing the broader Fed system, as well as supervising and regulating financial institutions. ... Vice Chair for Supervision Barr ...