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The Vice Chair of the Federal Reserve and the Vice Chair for Supervision are Level II positions in the Executive Schedule, [1] thus earning the salary prescribed for that level (US$203,700, as of January 2023).
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.
This is a list of U.S. states, territories, and Washington, D.C. by income. Data is given according to the 2023 American Community Survey (ACS) 1-Year Estimates, except for the American Samoa , Guam , the Northern Mariana Islands and the U.S. Virgin Islands , for which the data comes from 2010, as ACS does not operate in these areas.
However, according to the website for the Board of Governors for the Federal Reserve system, the Fed Chair salary in 2019 was set at $203,500, while other board members earned $183,100 that year.
The United States federal civil service is the civilian ... the Federal Reserve System, ... Nineteen percent of federal employees earned salaries of $100,000 or more ...
The first table contains a list of U.S. states and territories by annual median income. The second table contains a list of U.S. states and territories by annual mean wage. Information from an unknown source; Average wage in the United States was $69,392 in 2020. [1] Median income per person in the U.S. was $42,800 in 2019. [2]
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 .
Godfather's Pizza CEO and former Federal Reserve's Board of Governors nominee Herman Cain said he withdrew his name from consideration because of the position's $183,100 annual salary.