Members of the Board of Governors of the Federal Reserve System
E912538
Members of the Board of Governors of the Federal Reserve System are the presidentially appointed, Senate-confirmed officials who collectively oversee and guide U.S. central bank policy and regulation.
Statements (47)
| Predicate | Object |
|---|---|
| instanceOf |
United States federal government position
ⓘ
public official role ⓘ |
| appliesToJurisdiction | United States of America ⓘ |
| appointedBy | President of the United States ⓘ |
| appointedFor | staggered 14-year terms ⓘ |
| canBeReappointedToUnexpiredTerm | yes ⓘ |
| collectivelyDecide | regulations and supervisory policies for the Federal Reserve System ⓘ |
| compensationDeterminedBy | federal statute ⓘ |
| confirmedBy | United States Senate ⓘ |
| country | United States of America ⓘ |
| employer | Board of Governors of the Federal Reserve System NERFINISHED ⓘ |
| ethicsRequirements | federal ethics and financial disclosure rules ⓘ |
| governingBodyOf | Federal Reserve System NERFINISHED ⓘ |
| hasLeader | Chair of the Board of Governors of the Federal Reserve System NERFINISHED ⓘ |
| includesPosition |
Chair of the Board of Governors of the Federal Reserve System
NERFINISHED
ⓘ
Vice Chair for Supervision of the Board of Governors of the Federal Reserve System NERFINISHED ⓘ Vice Chair of the Board of Governors of the Federal Reserve System NERFINISHED ⓘ |
| jurisdiction | United States of America NERFINISHED ⓘ |
| legalBasis | Federal Reserve Act NERFINISHED ⓘ |
| meetsAt | Federal Reserve Board headquarters in Washington, D.C. ⓘ |
| memberOf | Federal Open Market Committee NERFINISHED ⓘ |
| minimumAgeRequirement | no formal statutory minimum age ⓘ |
| mustBeU.S.Citizen | yes ⓘ |
| numberOfPositions | 7 ⓘ |
| officeLocation | Washington, D.C. NERFINISHED ⓘ |
| oversees |
Federal Reserve Banks
NERFINISHED
ⓘ
U.S. monetary policy ⓘ bank holding company regulation ⓘ systemic financial stability policy ⓘ |
| partOf | Board of Governors of the Federal Reserve System NERFINISHED ⓘ |
| policyInfluenceOn |
U.S. credit conditions
ⓘ
U.S. financial regulation standards ⓘ U.S. money supply ⓘ interest rates in the United States ⓘ |
| politicalIndependenceRequirement | intended to be insulated from short-term political pressure ⓘ |
| prohibitedFrom |
holding office in any member bank
ⓘ
owning stock in banks they supervise ⓘ |
| reportsTo | United States Congress NERFINISHED ⓘ |
| responsibleFor |
approving discount rate changes recommended by Federal Reserve Banks
ⓘ
consumer financial protection regulations within its jurisdiction ⓘ implementing regulations under U.S. banking laws ⓘ macroprudential supervision ⓘ setting reserve requirements ⓘ |
| selectionProcess | nominated by the President and confirmed by the Senate ⓘ |
| termLength | 14 years ⓘ |
| termRenewable | no, full terms are not normally renewable ⓘ |
| workLocation | Eccles Building NERFINISHED ⓘ |
Referenced by (1)
Full triples — surface form annotated when it differs from this entity's canonical label.
Vice Chair of the Federal Reserve
→
relatedPosition
→
Members of the Board of Governors of the Federal Reserve System
ⓘ