Federal Reserve Board governors

E74417

The Federal Reserve Board governors are the members of the U.S. central bank’s Board of Governors who help set national monetary policy, including interest rates and economic projections.

All labels observed (3)

How this entity was disambiguated

Statements (48)

Predicate Object
instanceOf member of central bank board
position
public official
appliesToJurisdiction United States of America
appointedBy President of the United States
appointedFor staggered terms
canBeChairOf Board of Governors of the Federal Reserve System
canBeViceChairOf Board of Governors of the Federal Reserve System
confirmedBy United States Senate
country United States of America
employer Board of Governors of the Federal Reserve System
hasAuthorityUnder United States Code Title 12
hasRole approving bank mergers and acquisitions under federal law
approving changes in the discount rate
formulating regulatory policy for banks and bank holding companies
implementing aspects of U.S. financial stability policy
issuing economic projections
overseeing consumer financial protection regulations within the Fed’s authority
overseeing the Federal Reserve Banks
participating in the Federal Open Market Committee
regulating and supervising certain financial institutions
setting U.S. monetary policy
setting reserve requirements within statutory limits
setting target federal funds rate
legalBasis Federal Reserve Act of 1913
locatedIn District of Columbia
meetsAt Eccles Building
memberOf Federal Open Market Committee
numberOfSeats 7
oversees Federal Reserve Banks
partOf Board of Governors of the Federal Reserve System
Federal Reserve System
policyArea bank regulation
financial stability
monetary policy
payments system oversight
publishes economic projections (Summary of Economic Projections)
monetary policy statements
reportsTo United States Congress (for oversight and reporting)
residenceRequirement must fairly represent the financial, agricultural, industrial, and commercial interests and geographical divisions of the country
selectionProcess presidential nomination with Senate confirmation
subclassOf U.S. federal government officials
monetary policymakers
supervises bank holding companies (within its jurisdiction)
certain systemically important financial institutions (designated by law and regulation)
termLength 14 years
termLimit one full 14-year term
workLocation Washington, D.C.

How these facts were elicited

Referenced by (3)

Full triples — surface form annotated when it differs from this entity's canonical label.

Summary of Economic Projections contributors Federal Reserve Board governors
Ben Bernanke positionHeld Member of the Board of Governors of the Federal Reserve System
linked to: Federal Reserve Board governors
semiannual Humphrey–Hawkins testimony givenBy Federal Reserve Board of Governors representative
linked to: Federal Reserve Board governors