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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] #
7 Governors of the Federal Reserve System (14-year terms of office — Chair and vice chair, who first must be confirmed as governors, also need to be confirmed for four-year terms in those offices.) 3 Members of the National Credit Union Administration (political balance required; six-year terms of office)
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.
Lael Brainard (born January 1, 1962) is an American economist serving as the 14th director of the National Economic Council since February 21, 2023. She previously served as the 22nd vice chair of the Federal Reserve between May 2022 and February 2023.
Executive Secretary of the National Security Council Chief of Staff to the National Security Council. Curtis Ried: September 2022 [133] — Yohannes Abraham: January 20, 2021 September 2022 — Deputy Executive Secretary of the National Security Council Deputy Chief of Staff to the National Security Council. Ryan Harper: January 20, 2021 — —
Executive Schedule (5 U.S.C. §§ 5311–5318) is the system of salaries given to the highest-ranked appointed officials in the executive branch of the U.S. government. The president of the United States appoints individuals to these positions, most with the advice and consent of the United States Senate .
Azar was the former deputy secretary of the U.S. Department of Health and Human Services under George W. Bush (2005–2007) [187] and president of Lilly USA, LLC, the largest affiliate of global biopharmaceutical leader Eli Lilly and Company from 2012 to 2017. On January 24, 2018, Azar was confirmed by the Senate in a vote of 53–43.
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. [11]