ECONOMICS
FISCAL POLICY
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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9 members who supervise the Fed
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8 members who supervise the Fed
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7 members who supervise the Fed
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6 members who supervise the Fed
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Detailed explanation-1: -The Board of Governors–located in Washington, D.C.–is the governing body of the Federal Reserve System . It is run by seven members, or “governors, ” who are nominated by the President of the United States and confirmed in their positions by the U.S. Senate.
Detailed explanation-2: -The Reserve Banks are decentralized by design and are located in Boston, New York, Philadelphia, Cleveland, Richmond, Atlanta, Chicago, St. Louis, Minneapolis, Kansas City, Dallas, and San Francisco.
Detailed explanation-3: -The Board consists of seven members who are appointed by the president and confirmed by the Senate to serve 14-year terms of office.
Detailed explanation-4: -Jerome H. Powell. Chair. Board of Governors. Michelle W. Bowman. Governor. Board of Governors. Lisa D. Cook. Governor. Board of Governors. Philip N. Jefferson. Governor. Board of Governors. Christopher J. Waller. Governor. Lael Brainard. Vice Chair. Board of Governors. Randal K. Quarles. Vice Chair for Supervision. Janet L. Yellen. Chair. More items