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The following is a list of past and present vice chairs of the Board of Governors of the Federal Reserve System. A vice chair serves for a four-year term after appointment, but may be reappointed for several consecutive four-year terms. Since the Federal Reserve was established in 1914, the following people have served as vice chair. [a] [15] #
The Board obtains its funding from charges that it assesses on the Federal Reserve Banks, and not from the federal budget; however, since net earnings of the Federal Reserve Banks are ultimately remitted to the US Treasury, [5] and spending by the Federal Reserve System reduces the size of these remittances, the effects of this source-of ...
Federal Reserve Chairs (left to right): Janet Yellen, Alan Greenspan, Ben Bernanke, and Paul Volcker.Photo taken 1 May 2014, when Yellen was Chair. As stipulated by the Banking Act of 1935, the Chairman is chosen by the president from among the sitting governors to serve four-year terms with the advice and consent of the Senate.
The 12 regional reserve banks are supposed to voice the concerns of consumers and businesses throughout their districts in wider rate-setting meetings; yet, the board is also supposed to be ...
This category is for all past and present Vice Chairs of the Federal Reserve System. Pages in category "Vice Chairs of the Federal Reserve" The following 23 pages are in this category, out of 23 total.
Philip Nathan Jefferson (born 1961/1962) [1] is an American economist who has been serving as 23rd Vice Chair of the Federal Reserve since September 2023. He has been a member of the Federal Reserve Board of Governors since 2022.
A new face is coming to the Federal Reserve’s top brass, as the central bank’s outpost in Boston announced that economist Susan Collins will be taking on the top job as president.
The Federal Reserve Bank of Cleveland named former Goldman Sachs executive Beth Hammack as its next president, adding a longtime Wall Street figure to the powerful central bank committee that ...