ECONOMICS
FEDERAL RESERVE
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
Who must confirm nominees to chair the Federal Reserve?
|
|
Senate
|
|
|
Supreme Court
|
|
|
House
|
|
|
Cabinet Secretaries
|
Explanation:
Detailed explanation-1: -The chairman serves a four-year term after being nominated by the President of the United States and confirmed by the United States Senate; the officeholder serves concurrently as member of the Board of Governors.
Detailed explanation-2: -PN2020-Nomination of Michael S. Barr for Federal Reserve System, 117th Congress (2021-2022) | Congress.gov | Library of Congress.
Detailed explanation-3: -The website for the Board of Governors of the Federal Reserve System reports that the Fed Chair’s salary in 2019 was set at $203, 500.
Detailed explanation-4: -01-Boston. 02-New York. 03-Philadelphia. 04-Cleveland. 05-Richmond. 06-Atlanta. 07-Chicago. 08-St. Louis. More items •24-Aug-2022
There is 1 question to complete.