Federal Reserve Board of Governors

Federal Reserve Board of Governors
Federal Reserve System headquarters
Federal Reserve System headquarters
HeadquartersEccles Building
Washington, D.C., U.S.
ChairJerome Powell

The Board of Governors of the Federal Reserve System, commonly known as the Federal Reserve Board, is the main governing body of the Federal Reserve System. It is charged with overseeing the Federal Reserve Banks and with helping implement the monetary policy of the United States. Governors are appointed by the president of the United States and confirmed by the Senate for staggered 14-year terms.[1][2] It is headquartered in the Eccles Building on Constitution Avenue, N.W. in Washington, D.C.

  1. ^ See 12 U.S.C. § 241
  2. ^ Federal Reserve (January 16, 2009). "Board of Governors FAQ". Federal Reserve. Archived from the original on January 17, 2009. Retrieved 2009-01-16.

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