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The Board of Governors of the Federal Reserve System, commonly known as the Federal Reserve Board, is the main governing body of the Federal Reserve System. It is charged with overseeing the Federal Reserve Banks and with helping implement the monetary policy of the United States .
Executive Schedule (5 U.S.C. §§ 5311–5318) is the system of salaries given to the highest-ranked appointed officials in the executive branch of the U.S. government. . The president of the United States appoints individuals to these positions, most with the advice and consent of the United States Sena
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 board of governors is one of three key pillars making up the broader Federal Reserve System, along with the 12 regional reserve bank presidents and the Federal Open Market Committee (FOMC).
US Federal Reserve Chairman Jerome Powell gestures as he speaks at a press conference after the Monetary Policy Committee meeting in Washington, D.C., on Dec. 18, 2024.
The following is a list of past and present chairs of the Board of Governors of the Federal Reserve System. A 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 chair. [a] [18] #
The FOMC is made up of 12 members: the seven board of governors, the president of the regional New York Fed and four other Reserve Bank presidents located throughout the country.
appointed by the Federal Reserve Bank Name Title Term Expires Alfonso Cornejo: President Hispanic Chamber Cincinnati USA Cincinnati, Ohio: 2017 Amos L. Otis: Founder, President, and Chief Executive Officer SoBran, Inc. Dayton, Ohio: 2017 Tucker Ballinger: President and Chief Executive Officer Forcht Bank, N.A. Lexington, Kentucky: 2018 Darin C ...