Jerome H. Powell first took office as Chair of the Board of Governors of the Federal Reserve System on February 5, 2018, for a four-year term. He was reappointed to the office and sworn in for a second four-year term on May 23, 2022.

The Chair and the Vice Chair of the Board, as well as the Vice Chair for Supervision, are nominated by the President from among the members and are confirmed by the Senate. They serve a term of four years.

May 23, 2022 · Jerome H. Powell on Monday took the oath of office for his second term as Chair of the Board of Governors of the Federal Reserve System. Chair Powell's oath was administered by Vice Chair Lael Brainard in the press briefing room of the Board's Martin building.

Board of Governors of the Federal Reserve System The Federal Reserve, the central bank of the United States, provides the nation with a safe, flexible, and stable monetary and financial system.

Sep 26, 2024 · You will be hearing directly from many senior leaders, including your host, President Williams; Vice Chair Barr; and Secretary Yellen, who, of course, was Fed chair at the time of the first conference.

Who are the members of the Federal Reserve Board, and how are they selected? The members of the Board of Governors are nominated by the President of the United States and confirmed by the U.S. Senate.

1 day ago · The Federal Reserve is the U.S. central bank, created by the Federal Reserve Act of 1913 to establish a monetary system that could respond effectively to stresses in the banking system. The Federal Reserve System includes. The Board of Governors, a federal agency located in Washington, D.C., and; 12 Federal Reserve Banks around the nation.

3 days ago · Board of Governors of the Federal Reserve System The Federal Reserve, the central bank of the United States, provides the nation with a safe, flexible, and stable monetary and financial system.

Philip N. Jefferson took office as the Vice Chair of the Board of Governors of the Federal Reserve System on September 13, 2023, for a four-year term. Dr. Jefferson has served as a member of the Board of Governors of the Federal Reserve System since taking office on May 23, 2022, to fill an unexpired term ending January 31, 2036.

Nov 14, 2024 · Good afternoon. Thank you to the World Affairs Council, the Federal Reserve Bank of Dallas, and the Dallas Regional Chamber for the kind invitation to be with you today. I will start with some brief comments on the economy and monetary policy.