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.
Observed surface forms (4)
| Surface form | Occurrences |
|---|---|
| Chair of the Board of Governors of the Federal Reserve System | 2 |
| Chairman of the Federal Reserve (historical usage) | 1 |
| Fed Chair | 1 |
| Federal Reserve Chair | 1 |
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.
this entity surface form:
Chair of the Board of Governors of the Federal Reserve System
this entity surface form:
Fed Chair
this entity surface form:
Chairman of the Federal Reserve (historical usage)
this entity surface form:
Chair of the Board of Governors of the Federal Reserve System
this entity surface form:
Federal Reserve Chair