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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] #
Vice Chairman of the Federal Reserve Richard Clarida [67] September 17, 2018 (Confirmed August 28, 2018, 69–26) [68] Vice Chairman for Supervision of the Federal Reserve Randal Quarles: October 13, 2017 (Confirmed October 5, 2017, 65–32) [69] Member of the Board of Governors of the Federal Reserve System: Christopher Waller [70] December 18 ...
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 ...
Lael Brainard (born January 1, 1962) is an American economist who served as the 14th director of the National Economic Council from 2023 to 2025. She previously served as the 22nd vice chair of the Federal Reserve between May 2022 and February 2023.
Michael Solomon Barr [1] (born October 6, 1965) [1] is an American legal scholar who has been serving as governor of the Federal Reserve since 2022. Barr served as second vice chair of the Federal Reserve for supervision from 2022 until 2025.
Bank of America CEO Brian Moynihan acknowledged the Federal Reserve may have a few challenges under the incoming Trump administration, but it shouldn't have to fight for its independence."I think ...
What to expect at the Fed's next policy meeting: March 18–19, 2025. It's widely expected the Federal Reserve will hold the Fed rate at 4.25% to 4.50% after its policy meeting on March 18 and ...