Federal Reserve Board of Governors
The Board of Governors of the Federal Reserve System, commonly known as the Federal Reserve Board, is the main leading body of the Federal Reserve System. It is in charge with overseeing the Federal Reserve Banks and with helping control the monetary policy of the United States. Governors are appointed by the president of the United States and confirmed by the Senate for a 14-year term.[1][2] It is headquartered in the Eccles Building in Washington, D.C.
Current members
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The current members of the Board of Governors are as follows:[3]
Portrait | Current governor | Party | Term start | Term expires |
---|---|---|---|---|
![]() | Jerome Powell (Chair) | Republican | February 5, 2018 (as Chair) May 23, 2022 (reappointment) | May 15, 2026 (as Chair) |
May 25, 2012 (as Governor) June 16, 2014 (reappointment) | January 31, 2028 (as Governor) | |||
![]() | Philip Jefferson (Vice Chair) | Democratic | September 13, 2023 (as Vice Chair) | September 7, 2027 (as Vice Chair) |
May 23, 2022 (as Governor) | January 31, 2036 (as Governor) | |||
![]() | Michael Barr (Vice Chair for Supervision) | Democratic | July 19, 2022 (as Vice Chair for Supervision) | July 13, 2026 (as Vice Chair for Supervision) |
July 19, 2022 (as Governor) | January 31, 2032 (as Governor) | |||
![]() | Michelle Bowman | Republican | November 26, 2018 February 1, 2020 (reappointment) | January 31, 2034 |
![]() | Christopher Waller | Republican | December 18, 2020 | January 31, 2030 |
![]() | Lisa Cook | Democratic | May 23, 2022 February 1, 2024 (reappointment) | January 31, 2038 |
![]() | Adriana Kugler | Democratic | September 13, 2023 | January 31, 2026 |
References
- ↑ See 12 U.S.C. § 241
- ↑ Federal Reserve (January 16, 2009). "Board of Governors FAQ". Federal Reserve. Archived from the original on January 17, 2009. Retrieved 2009-01-16.
- ↑ "Federal Reserve Board - Board Members". Board of Governors of the Federal Reserve System. Retrieved 2023-09-13.