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Members of the Federal Reserve Board

Members of the Federal Reserve Board - Lisa Mauro Economics...

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Lisa Mauro Economics I November 23, 2010 History: Seven members of the Board of Governors; nominated by the President of the United States and confirmed by the U.S. Senate. Full Term of a Governor is 14 yrs; appointments are staggered so that one term expires on Jan 31 of each even-numbered year; A member who serves a full term may NOT be reappointed. A member who completes an unexpired portion of a term may be reappointed. Chairman and Vice Chairman of the Board are chosen by the President from among the sitting Governors and must be confirmed by the Senate. They serve terms of four years. Web-Based Question: Who are the members of the Federal Reserve board? There are seven member of the Board of Governors of the Federal Reserve System: Ben S. Bernanke Kevin M. Warsh Elizabeth A. Duke Daniel K. Tarullo Sarah Bloom Raskin Richmond Janet L. Yellen Board Chairman & Member Member Member Member Member Vice Chair & Member Term Began As Chairman: Feb 1, 2010, As Member: Feb 1, 2006. Feb 24, 2006 Aug 5, 2008 Jan 28, 2009 Oct 4, 2010 Oct 04, 2010 Term Set To Expire As Chairman: Jan 31, 2014, As Member: Jan 31, 2020. Jan 31, 2018 Jan 31, 2012 Jan 31, 2022 Jan 31, 2016 As Vice Chairman: Oct 04, 2014, As Member: January 31, 2024. Age 56 40 58 58 49 64 Gender Male Male Female Male Female Female Educati on B.A. Economics & PhD in Economics A.B. in public policy (honors) with emphasis in Economics Bachelor's degree and an M.B.A. Graduate of School of Banking and Virginia Bankers School of Bank Management A.B and M.A. degrees. J.D. from the University of Michigan Law School B.A. in Economics and her J.D. from Harvard Law School Degree in Economics and PhD in Economics Previou s Employ ment Professor of Economics published articles on a wide variety of economic issues. Author of several scholarly books and textbooks Special Assistant to the President for Economic Policy and as Executive Secretary of the National Economic Council Executive Vice President and Chief Operating Officer of a community bank. Professor in international financial regulation, international law, and banking law. Several senior positions in the Clinton administration Commissioner of Financial Regulation of Maryland. Federal Reserve Bank of New York and Joint Economic Committee of the Congress. Professor of Business and Professor of Economics Ethnic Backgr ound White White White White White White
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Ben S. Bernanke Ben S. Bernanke began a second term as Chairman of the Board of Governors of the Federal Reserve System on February 1, 2010. Dr. Bernanke also serves as Chairman of the Federal Open Market Committee, the System's principal monetary policymaking body. He originally took office as Chairman on February 1, 2006, when he also began a 14-year term as a member of the Board. His second term as Chairman ends January 31, 2014, and his term as a Board member ends January 31, 2020.
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