Chair of the Federal Reserve

E21458

The Chair of the Federal Reserve is the head of the U.S. central banking system, responsible for guiding national monetary policy and overseeing the Federal Reserve Board.

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Statements (50)

Predicate Object
instanceOf economic leadership position
public office
alsoKnownAs Chair of the Federal Reserve
surface form: Chair of the Board of Governors of the Federal Reserve System

Chair of the Federal Reserve
surface form: Chairman of the Federal Reserve (historical usage)

Chair of the Federal Reserve
surface form: Fed Chair
appointedBy President of the United States
chairs Federal Reserve Board of Governors
surface form: Board of Governors of the Federal Reserve System

Federal Open Market Committee
confirmedBy United States Senate
country United States of America
firstHolder Charles S. Hamlin
hasJurisdiction U.S. banking system oversight
U.S. monetary policy
hasPower influences credit conditions
influences global financial markets
influences money supply through open market operations
influences short-term interest rates
headOf Federal Reserve Board of Governors
surface form: Federal Reserve Board
inception 1914
independence operates with a high degree of political independence
legalBasis Federal Reserve Act of 1913
memberOf Federal Open Market Committee
notableOfficeHolder Alan Greenspan
Ben Bernanke
Janet Yellen
Jerome H. Powell
surface form: Jerome Powell

Paul A. Volcker
surface form: Paul Volcker
officeHolderOf Federal Reserve System
officeLocation Eccles Building, Washington, D.C.
partOf Federal Reserve Board of Governors
surface form: Board of Governors of the Federal Reserve System

Federal Reserve System
policyGoal maximum sustainable employment
moderate long-term interest rates
price stability
reappointment may be reappointed for multiple terms
reportsTo United States Congress
testifies regularly before Congress
residence Washington, D.C.
responsibleFor guiding U.S. monetary policy
maintaining financial system stability
moderating long-term interest rates
overseeing Federal Reserve Board operations
promoting maximum employment
promoting stable prices
regulating and supervising certain financial institutions
setting target federal funds rate with FOMC
selectionProcess presidential nomination with Senate confirmation
style Mr. Chairman or Madam Chair
subordinateTo legal framework established by U.S. Congress
termLength 4 years

Referenced by (7)

Full triples — surface form annotated when it differs from this entity's canonical label.

Chair of the Federal Reserve alsoKnownAs Chair of the Federal Reserve
this entity surface form: Chair of the Board of Governors of the Federal Reserve System
Chair of the Federal Reserve alsoKnownAs Chair of the Federal Reserve
this entity surface form: Fed Chair
Chair of the Federal Reserve alsoKnownAs Chair of the Federal Reserve
this entity surface form: Chairman of the Federal Reserve (historical usage)
Financial Stability Oversight Council includesMember Chair of the Federal Reserve
this entity surface form: Chair of the Board of Governors of the Federal Reserve System
Treasurer of the United States isDistinctFrom Chair of the Federal Reserve
Jerome H. Powell positionHeld Chair of the Federal Reserve
Federal Reserve Board building, Washington, D.C. usedBy Chair of the Federal Reserve
this entity surface form: Federal Reserve Chair