The 7-member Board of Governors that oversees Federal Reserve Banks, establishes monetary policy (interest rates, credit, etc.), and monitors the economic health of the country. Its members are appointed by the President subject to Senate confirmation, and serve 14-year terms. also called the Fed.
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- Board of Governors of the Federal Reserve System
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Prior to that time, the "Federal Reserve Board" (created in 1913 under the Federal ... In effect, the Federal Reserve Board members in Washington, D.C. were ...
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The governing body of the Federal Reserve System. The seven members of the board of governors are appointed by the president, subject to confirmation by the ...
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