Federal Reserve Bank presidents
E74937
Federal Reserve Bank presidents are the heads of the 12 regional Federal Reserve Banks who help set U.S. monetary policy and provide economic analysis within the Federal Reserve System.
Observed surface forms (1)
| Surface form | Occurrences |
|---|---|
| President of the Federal Reserve Bank of New York | 1 |
Statements (45)
| Predicate | Object |
|---|---|
| instanceOf |
group of people
ⓘ
leadership position ⓘ |
| appliesTo | 12 regional Federal Reserve Banks ⓘ |
| appointedBy | board of directors of the respective Federal Reserve Bank ⓘ |
| appointmentRequiresApprovalBy |
Federal Reserve Board of Governors
ⓘ
surface form:
Board of Governors of the Federal Reserve System
|
| canServeAs | public spokespersons on monetary policy views ⓘ |
| contributesTo |
assessment of regional economic conditions
ⓘ
formulation of national monetary policy ⓘ |
| country | United States of America ⓘ |
| employer | respective regional Federal Reserve Bank ⓘ |
| establishedInContextOf | creation of Federal Reserve System in 1913 ⓘ |
| governedBy |
Federal Reserve Act of 1913
ⓘ
surface form:
Federal Reserve Act
|
| hasJurisdictionOver | financial institutions in their Federal Reserve District ⓘ |
| hasNumberOfPositions | 12 ⓘ |
| helpsSet | target federal funds rate ⓘ |
| historicallyIncludes |
bankers
ⓘ
business leaders ⓘ economists ⓘ |
| includesAlwaysVotingMember | President of the Federal Reserve Bank of New York ⓘ |
| includesRotatingVotingMembers | presidents of the other 11 regional Federal Reserve Banks ⓘ |
| locatedIn |
Federal Reserve Banks
ⓘ
surface form:
Federal Reserve Districts
|
| mayDissentOn | FOMC policy decisions ⓘ |
| memberOf |
Federal Open Market Committee
ⓘ
surface form:
Federal Open Market Committee (rotating voting members except New York)
|
| mustBe | U.S. citizens ⓘ |
| participatesIn |
FOMC meetings in Washington, D.C.
ⓘ
Federal Open Market Committee ⓘ |
| partOf | Federal Reserve System ⓘ |
| reportsTo | board of directors of the respective Federal Reserve Bank ⓘ |
| responsibleFor |
community and public outreach on Federal Reserve policy
ⓘ
contributing to Beige Book reports ⓘ day‑to‑day management of regional Federal Reserve Bank ⓘ gathering regional economic intelligence ⓘ implementing Federal Reserve policies at regional level ⓘ oversight of bank examinations and supervision in their district ⓘ oversight of cash services and currency distribution ⓘ oversight of payment services operations ⓘ |
| roleIn |
U.S. monetary policy
ⓘ
bank supervision ⓘ economic analysis ⓘ financial services operations ⓘ |
| selectionProcessExcludes | Class A directors from participating in appointment ⓘ |
| selectionProcessIncludes | search by regional bank’s board of directors ⓘ |
| subjectTo |
Federal Reserve ethics and conflict‑of‑interest rules
ⓘ
mandatory retirement age ⓘ |
| termType | renewable five‑year terms ⓘ |
Referenced by (2)
Full triples — surface form annotated when it differs from this entity's canonical label.
this entity surface form:
President of the Federal Reserve Bank of New York