Federal Reserve Board - Jerome H. Powell, Chair
Jerome H. Powell first took office as Chair of the Board of Governors of the Federal Reserve System on February 5, 2018, for a four-year term. He was reappointed to the office and sworn in for a second four-year term on May 23, 2022.
Federal Reserve Board - Board Members
The seven members of the Board of Governors of the Federal Reserve System are nominated by the President and confirmed by the Senate. A full term is fourteen years. One term begins every two years, on February 1 of even-numbered years.
Board of Governors Members, 1914-Present - Federal Reserve Board
Jul 19, 2022 · The Banking Act of 1935 renamed the "Federal Reserve Board" as the "Board of Governors of the Federal Reserve System," the "governor" of the Board as the "chairman" and the "vice governor" as the "vice chairman" of the Board, …
Federal Reserve Board - Jerome H. Powell sworn in for second …
May 23, 2022 · Jerome H. Powell on Monday took the oath of office for his second term as Chair of the Board of Governors of the Federal Reserve System. Chair Powell's oath was administered by Vice Chair Lael Brainard in the press briefing room of the Board's Martin building.
Federal Reserve Board - Home
Board of Governors of the Federal Reserve System The Federal Reserve, the central bank of the United States, provides the nation with a safe, flexible, and stable monetary and financial system.
Federal Reserve Board - About the Fed
6 days ago · The Federal Reserve conducts the nation’s monetary policy to promote maximum employment, stable prices, and moderate long-term interest rates in the U.S. economy; promotes the stability of the financial system and seeks to minimize and contain systemic risks through active monitoring and engagement in the U.S. and abroad;
The Fed - How is a Federal Reserve Bank president selected?
Jan 25, 2016 · Subject to the approval of the Federal Reserve Board of Governors, the president is appointed by the Reserve Bank's Class B and C directors (those directors who are not affiliated with a supervised entity).
The Fed Explained - Who We Are - Federal Reserve Board
2 days ago · The Federal Reserve is the U.S. central bank, created by the Federal Reserve Act of 1913 to establish a monetary system that could respond effectively to stresses in the banking system. The Federal Reserve System includes. The Board of Governors, a federal agency located in Washington, D.C., and; 12 Federal Reserve Banks around the nation.
The Fed - Who owns the Federal Reserve?
Mar 1, 2017 · The Federal Reserve was created in 1913 by the Federal Reserve Act to serve as the nation's central bank. The Board of Governors in Washington, D.C., is an agency of the federal government and reports to and is directly accountable to the Congress.
Federal Reserve issues FOMC statement
Nov 7, 2024 · Board of Governors of the Federal Reserve System The Federal Reserve, the central bank of the United States, provides the nation with a safe, flexible, and stable monetary and financial system.