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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.
Before he was appointed chairman of the Federal Reserve, from 1955 to 1987, Greenspan was chairman and president of Townsend-Greenspan & Co., Inc., an economics consulting firm in New York City. His 32-year stint there was interrupted only from 1974 to 1977, when he served as chairman of the Council of Economic Advisers, under President Gerald ...
Ben Shalom Bernanke [2] (/ b ər ˈ n æ ŋ k i / bər-NANG-kee; born December 13, 1953) is an American economist who served as the 14th chairman of the Federal Reserve from 2006 to 2014. After leaving the Federal Reserve, he was appointed a distinguished fellow at the Brookings Institution.
In December 2018, Federal Reserve Board presented an annual Janet L. Yellen Award for Excellence in Community Development to recognize the exemplary work of Federal Reserve System staff, intended to honor former chair Yellen's commitment to public service. [233]
Paul Adolph Volcker Jr. (September 5, 1927 – December 8, 2019) was an American economist who served as the 12th chairman of the Federal Reserve from 1979 to 1987. During his tenure as chairman, Volcker was widely credited with having ended the high levels of inflation seen in the United States throughout the 1970s and early 1980s, [3] with measures known as the Volcker shock.
Yellen served as chair of Federal Reserve from 2014-2018 under Presidents Obama and Trump. U.S. secretary of the treasury Janet L. Yellen attends the DealBook Summit in New York City, U.S ...
G. William Miller's swearing in ceremony as Federal Reserve Chairman, with Chief Justice Warren E. Burger (right), Vice-President Walter F. Mondale (right), President Jimmy Carter (left), and Ariadna R. Miller (center) in March 1978. When President Jimmy Carter took office, Nixon-appointee Arthur Burns was the Chairman of the Federal Reserve ...
It would be led by a five-member presidentially appointed board consisting of a chairman and vice chairman from opposite parties, along with a Federal Reserve governor, the chairman of the FDIC ...