Chair of the Federal Reserve
The Chair of the Board of Governors of the Federal Reserve System is the head of the central banking system of the United States. The job is known as "Chair of the Fed" or "Fed Chair". The chair is in charge of the Board of Governors of the Federal Reserve System.
| Chair of the Board of Governors of the Federal Reserve System | |
|---|---|
| 120px Seal of the Federal Reserve Board of Governors | |
| 120px Flag of the Federal Reserve System | |
| Appointer | President of the United States |
| Formation | August 10, 1914 |
| First holder | Charles Sumner Hamlin |
| Salary | $201,700[1] (2014) |
| Website | Bios |
The chair is chosen by the President of the United States from among members of the Board of Governors; and serves for four-year-terms after appointment. A chair may be appointed for many terms. William Martin was the longest serving chair, holding the position from 1951 to 1970.
The current chair is Jerome Powell upon taking office on February 5, 2018.
Chair Of The Federal Reserve Media
Federal Reserve Chairs (left to right): Janet Yellen, Alan Greenspan, Ben Bernanke, and Paul Volcker. Photo taken 1 May 2014, when Yellen was Chair.
- HAMLIN, CHARLES S. ASSISTANT SECRETARY OF THE TREASURY, 1913- LCCN2016864808 (cropped).jpg
HAMLIN, CHARLES S. ASSISTANT SECRETARY OF THE TREASURY, 1913- LCCN2016864808 (cropped)
- W. P. G. Harding LCCN2016858906 (retouched).jpg
W. P. G. Harding LCCN2016858906 (retouched)
- Daniel R. Crissinger cropped.jpg
Daniel R. Crissinger cropped
- Chair Roy A Young 140501.jpg
Chairman Roy A. Young (served October 4, 1927 to August 31, 1930) Photo credit: Bachrach
- Portrait of Eugene Meyer.jpg
Portrait of Eugene Meyer
- Eugene R Black 1934 (cropped).jpg
Eugene R Black 1934 (cropped)
- Marriner Eccles 1939 (cropped).jpg
Marriner Eccles 1939 (cropped)
- 00035 DUP (14083184875).jpg
Chairman Thomas B. McCabe (served April 15, 1948 to March 31, 1951) Photo credit: Harris & Ewing
References
- ↑ "Federal Reserve Chair Janet Yellen Makes Less Than 113 Other Staffers At The Fed". The Huffington Post. December 16, 2014. Retrieved April 24, 2015.
Other websites
- Official website
- Public Statements of the Chairs of the Board of Governors of the Federal Reserve System, via the St. Louis Federal Reserve Bank
- Nomination hearings, conducted in the Senate, for Chairs and Members of the Board of Governors of the Federal Reserve System
- Timeline of Federal Reserve Chairs with related resources