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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 .
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.
The Marriner S. Eccles Federal Reserve Board Building houses the main offices of the Board of Governors of the United States' Federal Reserve System.It is located at the intersection of 20th Street and Constitution Avenue in Washington, D.C.
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).
Federal Reserve governor Lisa Cook said Monday it makes sense to lower interest rates more gradually given resilience in the job market and stickier-than-expected inflation, the latest central ...
In 2021, Senator Sherrod Brown reportedly pushed the Biden Administration to nominate Cook to serve on the Federal Reserve Board of Governors. [17] President Biden officially nominated Cook to be a member of the Board of Governors on January 14, 2022. [18] She is the first Black woman on the Federal Reserve's board. [19]
Federal Reserve governor Chris Waller said Wednesday that he still supports cutting interest rates this year, believing inflation will continue to drift lower despite promises of sweeping tariffs ...
Warsh was born in Albany, New York, [9] the youngest of three children of Judith and Robert Warsh. [10] He was raised in nearby in Loudonville, New York [11] and graduated from Shaker High School in Latham; [10] he credits his upbringing in upstate New York for teaching him 'much of what he need[ed] to know about the real economy.' [12] He received a Bachelor of Arts in public policy from ...