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The following is a list of past and present chairs of the Board of Governors of the Federal Reserve System. A 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 chair. [a] [18] #
This category is for all past and present Chairs of the Federal Reserve System Wikimedia Commons has media related to Chairs of the Federal Reserve . Pages in category "Chairs of the Federal Reserve"
The chair, vice chair, and vice chair for supervision are appointed by the president from among the sitting members of the board to serve a four-year term and they can be renominated as many times as the president chooses, subject to Senate confirmation each time, until their terms on the Board of Governors expire.
William Proctor Gould Harding (May 5, 1864 – April 7, 1930) was an American banker who served as the second chairman of the Federal Reserve from 1916 to 1922. Prior to his term as chairman, Harding served as one of the original members of the Federal Reserve Board, taking office in 1914.
Jerome Hayden "Jay" Powell (born February 4, 1953) is an American investment banker and lawyer serving since 2018 as the 16th chair of the Federal Reserve.. A native of Washington, D.C., Powell graduated from Princeton University and from the Georgetown University Law Center. [2]
The Chair of the Federal Reserve has been invariably appointed by the committee as its chair since 1935, solidifying the perception of the two roles as one. [ 4 ] The Federal Open Market Committee was formed by the Banking Act of 1933 (codified at 12 U.S.C. § 263 ) and did not include voting rights for the Federal Reserve Board of Governors .
G. William Miller's swearing in ceremony as Federal Reserve Chairman, with Chief Justice Warren E. Burger (right), Vice-President Walter F. Mondale (right), President Jimmy Carter (left), and Ariadna R. Miller (center) in March 1978. When President Jimmy Carter took office, Nixon-appointee Arthur Burns was the Chairman of the Federal Reserve ...
Mainly, the Fed’s board of governors has a bigger influence than the 12 reserve bank presidents because those officials have a permanent vote on rate decisions, rather than following a three ...