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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.
2009–2014 Ben Bernanke: Republican: Chairman of the Federal Reserve: 2009–2014‡ Connie Morella: Republican: American Battle Monuments Commission member 2010–2017 Jeff Immelt: Republican: Chairperson of the President's Council on Jobs and Competitiveness: 2011–2013 Jerome Powell: Republican: Federal Reserve Board of Governors: 2012 ...
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 .
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 Federal Reserve’s board of governors is responsible for overseeing the broader Fed system, as well as supervising and regulating financial institutions. ... including the chair and two vice ...
Current RNC chair Ronna McDaniel announces that the party recognizes Donald Trump as the Republican Party’s presumptive nominee — the RNC’s 168-member body gives a standing ovation ...
The Board obtains its funding from charges that it assesses on the Federal Reserve Banks, and not from the federal budget; however, since net earnings of the Federal Reserve Banks are ultimately remitted to the US Treasury, [5] and spending by the Federal Reserve System reduces the size of these remittances, the effects of this source-of ...
On January 6, 2014, she was confirmed as chair of the Federal Reserve by a vote of 56–26, [80] the narrowest margin ever for the position. [81] Yellen was a trailblazer as the first woman to head the U.S. central bank, or any major central bank , and the first Democrat to do so since Paul Volcker assumed that position in 1979 via President ...