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The following is a list of past and present members of the Board of Governors of the Federal Reserve System. A governor serves for a fourteen-year term after appointment and a member who serves a full term may not be reappointed; when a governor completes an unexpired portion of a term, they may be reappointed.
The former title for the chief executive officer of the New York Fed was governor and was renamed to president due to the Banking Act of 1935. [3] Akin to all other reserve bank presidents, the president of the New York Fed is nominated by the Board of Directors of the New York Fed and is approved by the Board of Governors of the Federal Reserve System. [2]
This category and its subcategories contain current and former presidents of the Federal Reserve Banks. Subcategories This category has the following 12 subcategories, out of 12 total.
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).
A Federal Reserve Bank is a regional bank of the Federal Reserve System, the central banking system of the United States. There are twelve in total, one for each of the twelve Federal Reserve Districts that were created by the Federal Reserve Act of 1913. [ 1 ]
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.
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] #
Each Federal Reserve Bank is subject to oversight by the Board of Governors. [29] Each Federal Reserve Bank has a board of directors, whose members work closely with their Reserve Bank president to provide grassroots economic information and input on management and monetary policy decisions.