Federal Reserve Board of Governors
Encyclopedia
The Federal Reserve Board of Governors is the main governing body of the Federal Reserve System
. It is charged with overseeing the 12 District Reserve Banks and with helping implement national monetary policy. Governors are appointed by the President of the United States
and confirmed by the Senate
for staggered, 14-year terms. By law, the appointments must yield a "fair representation of the financial, agricultural, industrial, and commercial interests and geographical divisions of the country", and as stipulated in the Banking Act of 1935, the Chairman and Vice Chairman of the Board are two of seven members of the Board of Governors who are appointed by the President
from among the sitting Governors. As an independent federal government agency
, the Board of Governors does not receive funding from Congress, and the terms of the seven members of the Board span multiple presidential and congressional terms. Once a member of the Board of Governors is appointed by the president, he or she functions mostly independently. The Board is required to make an annual report of operations to the Speaker of the U.S. House of Representatives. It also supervises and regulates the operations of the Federal Reserve Banks, and the U.S. banking system in general.
Membership is by statute limited in term, and a member that has served for a full 14 year term is not eligible for reappointment. There are numerous occasions where an individual was appointed to serve the remainder of another member's uncompleted term, and has been reappointed to serve a full 14-year term. Since "upon the expiration of their terms of office, members of the Board shall continue to serve until their successors are appointed and have qualified", it is possible for a member to serve for significantly longer than a full term of 14 years. The law provides for the removal of a member of the Board by the President "for cause".
The current members of the Board of Governors are as follows:
Federal Reserve System
The Federal Reserve System is the central banking system of the United States. It was created on December 23, 1913 with the enactment of the Federal Reserve Act, largely in response to a series of financial panics, particularly a severe panic in 1907...
. It is charged with overseeing the 12 District Reserve Banks and with helping implement national monetary policy. Governors are appointed by the President of the United States
President of the United States
The President of the United States of America is the head of state and head of government of the United States. The president leads the executive branch of the federal government and is the commander-in-chief of the United States Armed Forces....
and confirmed by the Senate
United States Senate
The United States Senate is the upper house of the bicameral legislature of the United States, and together with the United States House of Representatives comprises the United States Congress. The composition and powers of the Senate are established in Article One of the U.S. Constitution. Each...
for staggered, 14-year terms. By law, the appointments must yield a "fair representation of the financial, agricultural, industrial, and commercial interests and geographical divisions of the country", and as stipulated in the Banking Act of 1935, the Chairman and Vice Chairman of the Board are two of seven members of the Board of Governors who are appointed by the President
President of the United States
The President of the United States of America is the head of state and head of government of the United States. The president leads the executive branch of the federal government and is the commander-in-chief of the United States Armed Forces....
from among the sitting Governors. As an independent federal government agency
Independent agencies of the United States government
Independent agencies of the United States federal government are those agencies that exist outside of the federal executive departments...
, the Board of Governors does not receive funding from Congress, and the terms of the seven members of the Board span multiple presidential and congressional terms. Once a member of the Board of Governors is appointed by the president, he or she functions mostly independently. The Board is required to make an annual report of operations to the Speaker of the U.S. House of Representatives. It also supervises and regulates the operations of the Federal Reserve Banks, and the U.S. banking system in general.
Membership is by statute limited in term, and a member that has served for a full 14 year term is not eligible for reappointment. There are numerous occasions where an individual was appointed to serve the remainder of another member's uncompleted term, and has been reappointed to serve a full 14-year term. Since "upon the expiration of their terms of office, members of the Board shall continue to serve until their successors are appointed and have qualified", it is possible for a member to serve for significantly longer than a full term of 14 years. The law provides for the removal of a member of the Board by the President "for cause".
The current members of the Board of Governors are as follows:
| Commissioner | Entered office | Term expires |
|---|---|---|
| Ben Bernanke Ben Bernanke Ben Shalom Bernanke is an American economist, and the current Chairman of the Federal Reserve, the central bank of the United States. During his tenure as Chairman, Bernanke has overseen the response of the Federal Reserve to late-2000s financial crisis.... (Chairman) |
February 1, 2006 | January 31, 2020 January 31, 2014 (as Chairman) |
| Janet Yellen Janet Yellen Janet Louise Yellen is an American economist and professor, who is currently the Vice Chair of the Board of Governors of the Federal Reserve System... (Vice Chairman) |
October 4, 2010 | January 31, 2024 October 4, 2014 (as Vice Chairman) |
| Vacant | —— | |
| Elizabeth A. Duke | August 5, 2008 | January 31, 2012 |
| Daniel Tarullo Daniel Tarullo Daniel Tarullo is a professor of Law at Georgetown University Law Center and a member of the Board of Governors of the United States Federal Reserve Board since January 28th, 2009... |
January 28, 2009 | January 31, 2022 |
| Sarah Bloom Raskin Sarah Bloom Raskin Sarah Bloom Raskin is an American attorney and regulator, who is currently a member of the Board of Governors of the Federal Reserve System. Previously, she served as Maryland Commissioner of Financial Regulation.-Early life and education:... |
October 4, 2010 | January 31, 2016 |
| Vacant | —— |
List of governors
| Name | Bank | Begin | End | Notes |
|---|---|---|---|---|
| Frederic A. Delano | Chicago Federal Reserve Bank of Chicago The Federal Reserve Bank of Chicago is one of twelve regional Reserve Banks that, along with the Board of Governors in Washington, D.C., make up the nation's central bank.... |
1914-08-10 | 1918-07-21 | |
| Paul M. Warburg | New York Federal Reserve Bank of New York The Federal Reserve Bank of New York is one of the 12 Federal Reserve Banks of the United States. It is located at 33 Liberty Street, New York, NY. It is responsible for the Second District of the Federal Reserve System, which encompasses New York state, the 12 northern counties of New Jersey,... |
1914-08-10 | 1918-08-09 | |
| William P.G. Harding | Atlanta Federal Reserve Bank of Atlanta The Federal Reserve Bank of Atlanta is responsible for the sixth district, which covers the states of Alabama, Florida, and Georgia, 74 counties in the eastern two-thirds of... |
1914-08-10 | 1922-08-09 | Chairman (1916-1922) |
| Adolph C. Miller Adolph C. Miller Adolph C. Miller was an American government official and university professor. He was one of the original Governors of the Federal Reserve System, appointed in 1914, and served in that capacity for 22 years... |
San Francisco Federal Reserve Bank of San Francisco The Federal Reserve Bank of San Francisco is the federal bank for the twelfth district in the United States. The twelfth district is made up of nine western states-—Alaska, Arizona, California, Hawaii, Idaho, Nevada, Oregon, Utah, and Washington--plus the Northern Mariana Islands, American Samoa,... |
1914-08-10 | 1936-02-03 | |
| Charles S. Hamlin | Boston Federal Reserve Bank of Boston The Federal Reserve Bank of Boston, commonly known as the Boston Fed, is responsible for the First District of the Federal Reserve, which covers most of Connecticut , Massachusetts, Maine, New Hampshire, Rhode Island and Vermont. It is headquartered in the Federal Reserve Bank Building in Boston,... |
1914-08-10 | 1936-02-03 | Chairman (1914-1916) |
| Albert Strauss Albert Strauss Albert Strauss was an American Olympic fencer. He competed in the team sabre event at the 1924 Summer Olympics.-References:... |
New York Federal Reserve Bank of New York The Federal Reserve Bank of New York is one of the 12 Federal Reserve Banks of the United States. It is located at 33 Liberty Street, New York, NY. It is responsible for the Second District of the Federal Reserve System, which encompasses New York state, the 12 northern counties of New Jersey,... |
1918-10-26 | 1920-03-15 | |
| Henry A. Moehlenpah | Chicago Federal Reserve Bank of Chicago The Federal Reserve Bank of Chicago is one of twelve regional Reserve Banks that, along with the Board of Governors in Washington, D.C., make up the nation's central bank.... |
1919-11-10 | 1920-08-09 | |
| Edmund Platt Edmund Platt Edmund Platt was a United States Representative from New York.Born in Poughkeepsie, he attended a private school and Riverview Academy. He graduated from Eastman Business College in Poughkeepsie and learned the printer's trade. He graduated from Harvard University in 1888 and taught school and... |
New York Federal Reserve Bank of New York The Federal Reserve Bank of New York is one of the 12 Federal Reserve Banks of the United States. It is located at 33 Liberty Street, New York, NY. It is responsible for the Second District of the Federal Reserve System, which encompasses New York state, the 12 northern counties of New Jersey,... |
1920-06-20 | 1930-09-14 | |
| David C. Wills | Cleveland Federal Reserve Bank of Cleveland The Federal Reserve Bank of Cleveland is the Cleveland-based headquarters of the U.S. Federal Reserve System's Fourth District. The district is composed of Ohio, western Pennsylvania, eastern Kentucky, and the northern panhandle of West Virginia. It has branch offices in Cincinnati and Pittsburgh.... |
1920-09-20 | 1921-03-04 | |
| John R. Mitchell | Minneapolis Federal Reserve Bank of Minneapolis The Federal Reserve Bank of Minneapolis, located in Minneapolis, Minnesota, in the United States, covers the 9th District of the Federal Reserve, including Minnesota, Montana, North and South Dakota, northwestern Wisconsin, and the Upper Peninsula of Michigan... |
1921-05-12 | 1923-05-12 | |
| Milo D. Campbell | Chicago Federal Reserve Bank of Chicago The Federal Reserve Bank of Chicago is one of twelve regional Reserve Banks that, along with the Board of Governors in Washington, D.C., make up the nation's central bank.... |
1923-03-14 | 1923-03-22 | Died in office |
| Daniel R. Crissinger | Cleveland Federal Reserve Bank of Cleveland The Federal Reserve Bank of Cleveland is the Cleveland-based headquarters of the U.S. Federal Reserve System's Fourth District. The district is composed of Ohio, western Pennsylvania, eastern Kentucky, and the northern panhandle of West Virginia. It has branch offices in Cincinnati and Pittsburgh.... |
1923-05-01 | 1927-09-15 | Chairman (1923-1927) |
| Edward H. Cunningham | Chicago Federal Reserve Bank of Chicago The Federal Reserve Bank of Chicago is one of twelve regional Reserve Banks that, along with the Board of Governors in Washington, D.C., make up the nation's central bank.... |
1923-05-14 | 1930-11-28 | Died in office |
| George R. James | St. Louis | 1923-05-14 | 1936-02-03 | |
| Roy A. Young Roy A. Young Roy Archibald Young was a U.S. banker. Most significantly, he was chairman of the Federal Reserve Board between 1927 and 1930 during the presidencies of Calvin Coolidge and Herbert Hoover. During his tenure as chairman of the Federal Reserve Board, the 1929 Stock Market Crash occurred and the... |
Minneapolis Federal Reserve Bank of Minneapolis The Federal Reserve Bank of Minneapolis, located in Minneapolis, Minnesota, in the United States, covers the 9th District of the Federal Reserve, including Minnesota, Montana, North and South Dakota, northwestern Wisconsin, and the Upper Peninsula of Michigan... |
1927-10-04 | 1930-08-31 | Chairman (1927-1930) |
| Eugene Meyer Eugene Meyer Eugene Isaac Meyer was an American financier, public official, publisher of the Washington Post newspaper. He served as Chairman of the Federal Reserve from 1930 to 1933. He was the father of publisher Katharine Graham.-Biography:Born in Los Angeles, California, he was one of eight children of... |
New York Federal Reserve Bank of New York The Federal Reserve Bank of New York is one of the 12 Federal Reserve Banks of the United States. It is located at 33 Liberty Street, New York, NY. It is responsible for the Second District of the Federal Reserve System, which encompasses New York state, the 12 northern counties of New Jersey,... |
1930-09-16 | 1933-05-10 | Chairman (1930-1933) |
| Wayland W. Magee | Kansas City Federal Reserve Bank of Kansas City The Federal Reserve Bank of Kansas City covers the 10th District of the Federal Reserve, which includes Colorado, Kansas, Nebraska, Oklahoma, Wyoming, and portions of western Missouri and northern New Mexico. The Bank has branches in Denver, Oklahoma City, and Omaha. The current president is... |
1931-05-18 | 1933-01-24 | |
| Eugene R. Black Eugene R. Black Eugene Robert Black was the Chairman of the Federal Reserve from May 9, 1933 to August 15, 1934. His namesake, Eugene "Gene" Robert Black, Sr., was the first in the family to use the "Sr." designation; Gene's son became Eugene Robert Black, Jr.-Biography:He was born in Atlanta, Georgia, and... |
Atlanta Federal Reserve Bank of Atlanta The Federal Reserve Bank of Atlanta is responsible for the sixth district, which covers the states of Alabama, Florida, and Georgia, 74 counties in the eastern two-thirds of... |
1933-05-19 | 1934-08-15 | Chairman (1933-1934) |
| J.J. Thomas | Kansas City Federal Reserve Bank of Kansas City The Federal Reserve Bank of Kansas City covers the 10th District of the Federal Reserve, which includes Colorado, Kansas, Nebraska, Oklahoma, Wyoming, and portions of western Missouri and northern New Mexico. The Bank has branches in Denver, Oklahoma City, and Omaha. The current president is... |
1933-06-14 | 1936-02-10 | |
| M.S. Szymczak | Chicago Federal Reserve Bank of Chicago The Federal Reserve Bank of Chicago is one of twelve regional Reserve Banks that, along with the Board of Governors in Washington, D.C., make up the nation's central bank.... |
1933-06-14 | 1961-05-31 | |
| Marriner S. Eccles | San Francisco Federal Reserve Bank of San Francisco The Federal Reserve Bank of San Francisco is the federal bank for the twelfth district in the United States. The twelfth district is made up of nine western states-—Alaska, Arizona, California, Hawaii, Idaho, Nevada, Oregon, Utah, and Washington--plus the Northern Mariana Islands, American Samoa,... |
1934-11-15 | 1951-07-14 | Chairman (1934-1948) |
| Joseph A. Broderick | New York Federal Reserve Bank of New York The Federal Reserve Bank of New York is one of the 12 Federal Reserve Banks of the United States. It is located at 33 Liberty Street, New York, NY. It is responsible for the Second District of the Federal Reserve System, which encompasses New York state, the 12 northern counties of New Jersey,... |
1936-02-03 | 1937-09-30 | |
| John K. McKee | Cleveland Federal Reserve Bank of Cleveland The Federal Reserve Bank of Cleveland is the Cleveland-based headquarters of the U.S. Federal Reserve System's Fourth District. The district is composed of Ohio, western Pennsylvania, eastern Kentucky, and the northern panhandle of West Virginia. It has branch offices in Cincinnati and Pittsburgh.... |
1936-02-03 | 1946-04-04 | |
| Ronald Ransom | Atlanta Federal Reserve Bank of Atlanta The Federal Reserve Bank of Atlanta is responsible for the sixth district, which covers the states of Alabama, Florida, and Georgia, 74 counties in the eastern two-thirds of... |
1936-02-03 | 1947-12-02 | Died in office |
| Ralph W. Morrison | Dallas Federal Reserve Bank of Dallas The Federal Reserve Bank of Dallas covers the Eleventh Federal Reserve District, which includes Texas, northern Louisiana and southern New Mexico.... |
1936-02-10 | 1936-07-09 | |
| Chester C. Davis | Richmond Federal Reserve Bank of Richmond The Federal Reserve Bank of Richmond is the headquarters of the Fifth District of the Federal Reserve located in Richmond, Virginia. It covers the District of Columbia, Maryland, Virginia, North Carolina, South Carolina and most of West Virginia. Branch offices are located in Baltimore, Maryland... |
1936-06-25 | 1941-04-15 | |
| Ernest G. Draper | New York Federal Reserve Bank of New York The Federal Reserve Bank of New York is one of the 12 Federal Reserve Banks of the United States. It is located at 33 Liberty Street, New York, NY. It is responsible for the Second District of the Federal Reserve System, which encompasses New York state, the 12 northern counties of New Jersey,... |
1938-03-30 | 1950-09-01 | |
| Rudolph M. Evans | Richmond Federal Reserve Bank of Richmond The Federal Reserve Bank of Richmond is the headquarters of the Fifth District of the Federal Reserve located in Richmond, Virginia. It covers the District of Columbia, Maryland, Virginia, North Carolina, South Carolina and most of West Virginia. Branch offices are located in Baltimore, Maryland... |
1942-03-14 | 1954-08-13 | |
| James K. Vardaman, Jr. | St. Louis | 1946-04-04 | 1958-11-30 | |
| Lawrence Clayton Lawrence Clayton Lawrence Clayton was a Governor of the United States Federal Reserve System from 1947 until his death.Clayton received an A.B. from Stanford University in 1914 and an LL.B. from Harvard Law School in 1916.... |
Boston Federal Reserve Bank of Boston The Federal Reserve Bank of Boston, commonly known as the Boston Fed, is responsible for the First District of the Federal Reserve, which covers most of Connecticut , Massachusetts, Maine, New Hampshire, Rhode Island and Vermont. It is headquartered in the Federal Reserve Bank Building in Boston,... |
1947-02-14 | 1949-12-04 | Died in office |
| Thomas B. McCabe Thomas B. McCabe Thomas Bayard McCabe , a graduate of Swarthmore, served as the chairman of the Federal Reserve from 1948-1951. He was president and CEO of Scott Paper Company 1927–1967.-Biography:... |
Philadelphia Federal Reserve Bank of Philadelphia The Federal Reserve Bank of Philadelphia, headquartered in Philadelphia, Pennsylvania, is responsible for the Third District of the Federal Reserve, which covers eastern Pennsylvania, the 9 southern counties of New Jersey, and Delaware... |
1948-04-15 | 1951-03-31 | Chairman (1948-1951) |
| Edward L. Norton | Atlanta Federal Reserve Bank of Atlanta The Federal Reserve Bank of Atlanta is responsible for the sixth district, which covers the states of Alabama, Florida, and Georgia, 74 counties in the eastern two-thirds of... |
1950-09-01 | 1952-01-31 | |
| Oliver S. Powell | Minneapolis Federal Reserve Bank of Minneapolis The Federal Reserve Bank of Minneapolis, located in Minneapolis, Minnesota, in the United States, covers the 9th District of the Federal Reserve, including Minnesota, Montana, North and South Dakota, northwestern Wisconsin, and the Upper Peninsula of Michigan... |
1950-09-01 | 1952-06-30 | |
| William McChesney Martin | New York Federal Reserve Bank of New York The Federal Reserve Bank of New York is one of the 12 Federal Reserve Banks of the United States. It is located at 33 Liberty Street, New York, NY. It is responsible for the Second District of the Federal Reserve System, which encompasses New York state, the 12 northern counties of New Jersey,... |
1951-04-02 | 1970-01-31 | Chairman (1951-1970) |
| A.L. Mills, Jr. | San Francisco Federal Reserve Bank of San Francisco The Federal Reserve Bank of San Francisco is the federal bank for the twelfth district in the United States. The twelfth district is made up of nine western states-—Alaska, Arizona, California, Hawaii, Idaho, Nevada, Oregon, Utah, and Washington--plus the Northern Mariana Islands, American Samoa,... |
1952-02-18 | 1965-02-28 | |
| J.L. Robertson | Kansas City Federal Reserve Bank of Kansas City The Federal Reserve Bank of Kansas City covers the 10th District of the Federal Reserve, which includes Colorado, Kansas, Nebraska, Oklahoma, Wyoming, and portions of western Missouri and northern New Mexico. The Bank has branches in Denver, Oklahoma City, and Omaha. The current president is... |
1952-02-18 | 1973-04-30 | |
| C. Canby Balderston | Philadelphia Federal Reserve Bank of Philadelphia The Federal Reserve Bank of Philadelphia, headquartered in Philadelphia, Pennsylvania, is responsible for the Third District of the Federal Reserve, which covers eastern Pennsylvania, the 9 southern counties of New Jersey, and Delaware... |
1954-08-12 | 1966-02-28 | |
| Paul E. Miller | Minneapolis Federal Reserve Bank of Minneapolis The Federal Reserve Bank of Minneapolis, located in Minneapolis, Minnesota, in the United States, covers the 9th District of the Federal Reserve, including Minnesota, Montana, North and South Dakota, northwestern Wisconsin, and the Upper Peninsula of Michigan... |
1954-08-13 | 1954-10-21 | Died in office |
| Charles N. Shepardson | Dallas Federal Reserve Bank of Dallas The Federal Reserve Bank of Dallas covers the Eleventh Federal Reserve District, which includes Texas, northern Louisiana and southern New Mexico.... |
1955-03-17 | 1967-04-30 | |
| G.H. King, Jr. | Atlanta Federal Reserve Bank of Atlanta The Federal Reserve Bank of Atlanta is responsible for the sixth district, which covers the states of Alabama, Florida, and Georgia, 74 counties in the eastern two-thirds of... |
1959-03-25 | 1963-09-18 | |
| George W. Mitchell | Chicago Federal Reserve Bank of Chicago The Federal Reserve Bank of Chicago is one of twelve regional Reserve Banks that, along with the Board of Governors in Washington, D.C., make up the nation's central bank.... |
1961-08-31 | 1976-02-13 | |
| J. Dewey Daane | Richmond Federal Reserve Bank of Richmond The Federal Reserve Bank of Richmond is the headquarters of the Fifth District of the Federal Reserve located in Richmond, Virginia. It covers the District of Columbia, Maryland, Virginia, North Carolina, South Carolina and most of West Virginia. Branch offices are located in Baltimore, Maryland... |
1963-11-29 | 1974-03-08 | |
| Sherman J. Maisel Sherman J. Maisel Sherman Joseph Maisel was an American economist who served on the board of governors of the Federal Reserve System... |
San Francisco Federal Reserve Bank of San Francisco The Federal Reserve Bank of San Francisco is the federal bank for the twelfth district in the United States. The twelfth district is made up of nine western states-—Alaska, Arizona, California, Hawaii, Idaho, Nevada, Oregon, Utah, and Washington--plus the Northern Mariana Islands, American Samoa,... |
1965-04-30 | 1972-05-31 | |
| Andrew F. Brimmer | Philadelphia Federal Reserve Bank of Philadelphia The Federal Reserve Bank of Philadelphia, headquartered in Philadelphia, Pennsylvania, is responsible for the Third District of the Federal Reserve, which covers eastern Pennsylvania, the 9 southern counties of New Jersey, and Delaware... |
1966-03-09 | 1974-08-31 | |
| William W. Sherrill | Dallas Federal Reserve Bank of Dallas The Federal Reserve Bank of Dallas covers the Eleventh Federal Reserve District, which includes Texas, northern Louisiana and southern New Mexico.... |
1967-05-01 | 1971-11-15 | |
| Arthur F. Burns Arthur F. Burns Arthur Frank Burns was an American economist. He served as Chairman of the Federal Reserve from 1970 to 1978.- Career :... |
New York Federal Reserve Bank of New York The Federal Reserve Bank of New York is one of the 12 Federal Reserve Banks of the United States. It is located at 33 Liberty Street, New York, NY. It is responsible for the Second District of the Federal Reserve System, which encompasses New York state, the 12 northern counties of New Jersey,... |
1970-01-31 | 1978-03-31 | Chairman (1970-1978) |
| John E. Sheehan | St. Louis | 1972-01-04 | 1975-06-01 | |
| Jeffrey M. Bucher | San Francisco Federal Reserve Bank of San Francisco The Federal Reserve Bank of San Francisco is the federal bank for the twelfth district in the United States. The twelfth district is made up of nine western states-—Alaska, Arizona, California, Hawaii, Idaho, Nevada, Oregon, Utah, and Washington--plus the Northern Mariana Islands, American Samoa,... |
1972-06-05 | 1976-01-02 | |
| Robert C. Holland | Kansas City Federal Reserve Bank of Kansas City The Federal Reserve Bank of Kansas City covers the 10th District of the Federal Reserve, which includes Colorado, Kansas, Nebraska, Oklahoma, Wyoming, and portions of western Missouri and northern New Mexico. The Bank has branches in Denver, Oklahoma City, and Omaha. The current president is... |
1973-06-11 | 1976-05-15 | |
| Henry C. Wallich | Boston Federal Reserve Bank of Boston The Federal Reserve Bank of Boston, commonly known as the Boston Fed, is responsible for the First District of the Federal Reserve, which covers most of Connecticut , Massachusetts, Maine, New Hampshire, Rhode Island and Vermont. It is headquartered in the Federal Reserve Bank Building in Boston,... |
1974-03-08 | 1986-12-15 | |
| Philip E. Coldwell | Dallas Federal Reserve Bank of Dallas The Federal Reserve Bank of Dallas covers the Eleventh Federal Reserve District, which includes Texas, northern Louisiana and southern New Mexico.... |
1974-10-29 | 1980-02-29 | |
| Philip C. Jackson, Jr. | Atlanta Federal Reserve Bank of Atlanta The Federal Reserve Bank of Atlanta is responsible for the sixth district, which covers the states of Alabama, Florida, and Georgia, 74 counties in the eastern two-thirds of... |
1975-07-14 | 1978-11-17 | |
| J. Charles Partee | Richmond Federal Reserve Bank of Richmond The Federal Reserve Bank of Richmond is the headquarters of the Fifth District of the Federal Reserve located in Richmond, Virginia. It covers the District of Columbia, Maryland, Virginia, North Carolina, South Carolina and most of West Virginia. Branch offices are located in Baltimore, Maryland... |
1976-01-05 | 1986-02-07 | |
| Stephen S. Gardner | Philadelphia Federal Reserve Bank of Philadelphia The Federal Reserve Bank of Philadelphia, headquartered in Philadelphia, Pennsylvania, is responsible for the Third District of the Federal Reserve, which covers eastern Pennsylvania, the 9 southern counties of New Jersey, and Delaware... |
1976-02-13 | 1978-11-19 | Died in office |
| David M. Lilly | Minneapolis Federal Reserve Bank of Minneapolis The Federal Reserve Bank of Minneapolis, located in Minneapolis, Minnesota, in the United States, covers the 9th District of the Federal Reserve, including Minnesota, Montana, North and South Dakota, northwestern Wisconsin, and the Upper Peninsula of Michigan... |
1976-06-01 | 1978-02-24 | |
| G. William Miller G. William Miller George William Miller served as the 65th United States Secretary of the Treasury under President Carter from August 6, 1979 to January 20, 1981... |
San Francisco Federal Reserve Bank of San Francisco The Federal Reserve Bank of San Francisco is the federal bank for the twelfth district in the United States. The twelfth district is made up of nine western states-—Alaska, Arizona, California, Hawaii, Idaho, Nevada, Oregon, Utah, and Washington--plus the Northern Mariana Islands, American Samoa,... |
1978-03-08 | 1979-08-06 | Chairman (1978-1979) |
| Nancy H. Teeters | Chicago Federal Reserve Bank of Chicago The Federal Reserve Bank of Chicago is one of twelve regional Reserve Banks that, along with the Board of Governors in Washington, D.C., make up the nation's central bank.... |
1978-09-18 | 1984-06-27 | |
| Emmett J. Rice Emmett J. Rice Emmett John Rice was a former governor of the Federal Reserve System, a Cornell University economics professor, expert in the monetary systems of developing countries and the father of the current Ambassador to the United Nations in the Cabinet of President Barack Obama, Susan E. Rice... |
New York Federal Reserve Bank of New York The Federal Reserve Bank of New York is one of the 12 Federal Reserve Banks of the United States. It is located at 33 Liberty Street, New York, NY. It is responsible for the Second District of the Federal Reserve System, which encompasses New York state, the 12 northern counties of New Jersey,... |
1979-06-20 | 1986-12-31 | |
| Frederick H. Schultz Frederick H. Schultz Frederick H. Schultz was an American businessman, politician, and central banker. He served as the Vice Chairman of the Federal Reserve System under United States President Jimmy Carter... |
Atlanta Federal Reserve Bank of Atlanta The Federal Reserve Bank of Atlanta is responsible for the sixth district, which covers the states of Alabama, Florida, and Georgia, 74 counties in the eastern two-thirds of... |
1979-07-27 | 1982-02-11 | |
| Paul A. Volcker | Philadelphia Federal Reserve Bank of Philadelphia The Federal Reserve Bank of Philadelphia, headquartered in Philadelphia, Pennsylvania, is responsible for the Third District of the Federal Reserve, which covers eastern Pennsylvania, the 9 southern counties of New Jersey, and Delaware... |
1979-08-06 | 1987-08-11 | Chairman (1979-1987) |
| Lyle E. Gramley | Kansas City Federal Reserve Bank of Kansas City The Federal Reserve Bank of Kansas City covers the 10th District of the Federal Reserve, which includes Colorado, Kansas, Nebraska, Oklahoma, Wyoming, and portions of western Missouri and northern New Mexico. The Bank has branches in Denver, Oklahoma City, and Omaha. The current president is... |
1980-05-28 | 1985-09-01 | |
| Preston Martin Preston Martin Dr. Preston Martin was an American banker and public official best known as the Vice Chairman of the Federal Reserve Board between 1982 and 1986. -Education:... |
San Francisco Federal Reserve Bank of San Francisco The Federal Reserve Bank of San Francisco is the federal bank for the twelfth district in the United States. The twelfth district is made up of nine western states-—Alaska, Arizona, California, Hawaii, Idaho, Nevada, Oregon, Utah, and Washington--plus the Northern Mariana Islands, American Samoa,... |
1982-09-31 | 1986-04-30 | |
| Martha R. Seger | Chicago Federal Reserve Bank of Chicago The Federal Reserve Bank of Chicago is one of twelve regional Reserve Banks that, along with the Board of Governors in Washington, D.C., make up the nation's central bank.... |
1984-07-02 | 1991-03-11 | |
| Manuel H. Johnson Manuel H. Johnson Manuel H. "Manley" Johnson is an American economist, who served as the vice chairman of the Board of Governors of the Federal Reserve System in the mid-1980s. Since 1990, he has been co-chairman and senior partner on Johnson Smick International, Inc., an investments, economic and political... |
Richmond Federal Reserve Bank of Richmond The Federal Reserve Bank of Richmond is the headquarters of the Fifth District of the Federal Reserve located in Richmond, Virginia. It covers the District of Columbia, Maryland, Virginia, North Carolina, South Carolina and most of West Virginia. Branch offices are located in Baltimore, Maryland... |
1986-02-07 | 1990-08-03 | |
| Wayne D. Angell | Kansas City Federal Reserve Bank of Kansas City The Federal Reserve Bank of Kansas City covers the 10th District of the Federal Reserve, which includes Colorado, Kansas, Nebraska, Oklahoma, Wyoming, and portions of western Missouri and northern New Mexico. The Bank has branches in Denver, Oklahoma City, and Omaha. The current president is... |
1986-02-07 | 1994-02-09 | |
| H. Robert Heller | San Francisco Federal Reserve Bank of San Francisco The Federal Reserve Bank of San Francisco is the federal bank for the twelfth district in the United States. The twelfth district is made up of nine western states-—Alaska, Arizona, California, Hawaii, Idaho, Nevada, Oregon, Utah, and Washington--plus the Northern Mariana Islands, American Samoa,... |
1986-08-19 | 1989-07-31 | |
| Edward W. Kelley, Jr. | Dallas Federal Reserve Bank of Dallas The Federal Reserve Bank of Dallas covers the Eleventh Federal Reserve District, which includes Texas, northern Louisiana and southern New Mexico.... |
1987-05-26 | 2001-12-31 | |
| Alan Greenspan Alan Greenspan Alan Greenspan is an American economist who served as Chairman of the Federal Reserve of the United States from 1987 to 2006. He currently works as a private advisor and provides consulting for firms through his company, Greenspan Associates LLC... |
New York Federal Reserve Bank of New York The Federal Reserve Bank of New York is one of the 12 Federal Reserve Banks of the United States. It is located at 33 Liberty Street, New York, NY. It is responsible for the Second District of the Federal Reserve System, which encompasses New York state, the 12 northern counties of New Jersey,... |
1987-08-11 | 2006-01-31 | Chairman (1987-2006) |
| John P. LaWare | Boston Federal Reserve Bank of Boston The Federal Reserve Bank of Boston, commonly known as the Boston Fed, is responsible for the First District of the Federal Reserve, which covers most of Connecticut , Massachusetts, Maine, New Hampshire, Rhode Island and Vermont. It is headquartered in the Federal Reserve Bank Building in Boston,... |
1988-08-15 | 1995-04-30 | |
| David W. Mullins, Jr. | St. Louis | 1990-05-21 | 1994-02-14 | |
| Lawrence B. Lindsey Lawrence B. Lindsey Lawrence B. Lindsey was director of the National Economic Council , and the assistant to the president on economic policy for the U.S. President George W. Bush. He played a leading role in formulating President Bush's $1.35 trillion tax cut plan, convincing candidate Bush that he needed an... |
Richmond Federal Reserve Bank of Richmond The Federal Reserve Bank of Richmond is the headquarters of the Fifth District of the Federal Reserve located in Richmond, Virginia. It covers the District of Columbia, Maryland, Virginia, North Carolina, South Carolina and most of West Virginia. Branch offices are located in Baltimore, Maryland... |
1991-11-26 | 1997-02-05 | |
| Susan M. Phillips | Chicago Federal Reserve Bank of Chicago The Federal Reserve Bank of Chicago is one of twelve regional Reserve Banks that, along with the Board of Governors in Washington, D.C., make up the nation's central bank.... |
1991-12-02 | 1998-06-30 | |
| Alan S. Blinder | Philadelphia Federal Reserve Bank of Philadelphia The Federal Reserve Bank of Philadelphia, headquartered in Philadelphia, Pennsylvania, is responsible for the Third District of the Federal Reserve, which covers eastern Pennsylvania, the 9 southern counties of New Jersey, and Delaware... |
1994-06-27 | 1996-01-31 | |
| Janet L. Yellen | San Francisco Federal Reserve Bank of San Francisco The Federal Reserve Bank of San Francisco is the federal bank for the twelfth district in the United States. The twelfth district is made up of nine western states-—Alaska, Arizona, California, Hawaii, Idaho, Nevada, Oregon, Utah, and Washington--plus the Northern Mariana Islands, American Samoa,... |
1994-08-12 | 1997-02-17 | |
| Laurence H. Meyer | St. Louis | 1996-06-24 | 2002-01-31 | |
| Alice M. Rivlin | Philadelphia Federal Reserve Bank of Philadelphia The Federal Reserve Bank of Philadelphia, headquartered in Philadelphia, Pennsylvania, is responsible for the Third District of the Federal Reserve, which covers eastern Pennsylvania, the 9 southern counties of New Jersey, and Delaware... |
1996-06-25 | 1999-07-16 | |
| Edward M. Gramlich | Richmond Federal Reserve Bank of Richmond The Federal Reserve Bank of Richmond is the headquarters of the Fifth District of the Federal Reserve located in Richmond, Virginia. It covers the District of Columbia, Maryland, Virginia, North Carolina, South Carolina and most of West Virginia. Branch offices are located in Baltimore, Maryland... |
1997-11-05 | 2005-08-31 | |
| Roger W. Ferguson, Jr. Roger W. Ferguson, Jr. Roger W. Ferguson, Jr. is an American economist, who was Vice Chairman of the Board of Governors of the Federal Reserve System from 1999 to 2006 and is currently the President and Chief Executive Officer of the Teachers Insurance and Annuity Association - College Retirement Equities Fund... |
Boston Federal Reserve Bank of Boston The Federal Reserve Bank of Boston, commonly known as the Boston Fed, is responsible for the First District of the Federal Reserve, which covers most of Connecticut , Massachusetts, Maine, New Hampshire, Rhode Island and Vermont. It is headquartered in the Federal Reserve Bank Building in Boston,... |
1997-11-05 | 2006-04-28 | |
| Mark W. Olson | Minneapolis Federal Reserve Bank of Minneapolis The Federal Reserve Bank of Minneapolis, located in Minneapolis, Minnesota, in the United States, covers the 9th District of the Federal Reserve, including Minnesota, Montana, North and South Dakota, northwestern Wisconsin, and the Upper Peninsula of Michigan... |
2001-12-07 | 2006-06-30 | |
| Susan S. Bies | Chicago Federal Reserve Bank of Chicago The Federal Reserve Bank of Chicago is one of twelve regional Reserve Banks that, along with the Board of Governors in Washington, D.C., make up the nation's central bank.... |
2001-12-07 | 2007-03-30 | |
| Ben S. Bernanke | Atlanta Federal Reserve Bank of Atlanta The Federal Reserve Bank of Atlanta is responsible for the sixth district, which covers the states of Alabama, Florida, and Georgia, 74 counties in the eastern two-thirds of... |
2002-08-05 | 2005-06-21 | |
| Donald L. Kohn | Kansas City Federal Reserve Bank of Kansas City The Federal Reserve Bank of Kansas City covers the 10th District of the Federal Reserve, which includes Colorado, Kansas, Nebraska, Oklahoma, Wyoming, and portions of western Missouri and northern New Mexico. The Bank has branches in Denver, Oklahoma City, and Omaha. The current president is... |
2002-08-05 | 2010-09-01 | |
| Ben S. Bernanke | Atlanta Federal Reserve Bank of Atlanta The Federal Reserve Bank of Atlanta is responsible for the sixth district, which covers the states of Alabama, Florida, and Georgia, 74 counties in the eastern two-thirds of... |
2006-02-01 | 2020-01-31 (sch. - Incumbent) | Chairman (2006-incumbent) |
| Kevin M. Warsh | New York Federal Reserve Bank of New York The Federal Reserve Bank of New York is one of the 12 Federal Reserve Banks of the United States. It is located at 33 Liberty Street, New York, NY. It is responsible for the Second District of the Federal Reserve System, which encompasses New York state, the 12 northern counties of New Jersey,... |
2006-02-24 | 2011-04-02 | |
| Randall S. Kroszner | Richmond Federal Reserve Bank of Richmond The Federal Reserve Bank of Richmond is the headquarters of the Fifth District of the Federal Reserve located in Richmond, Virginia. It covers the District of Columbia, Maryland, Virginia, North Carolina, South Carolina and most of West Virginia. Branch offices are located in Baltimore, Maryland... |
2006-03-01 | 2009-01-21 | |
| Frederic S. Mishkin | Boston Federal Reserve Bank of Boston The Federal Reserve Bank of Boston, commonly known as the Boston Fed, is responsible for the First District of the Federal Reserve, which covers most of Connecticut , Massachusetts, Maine, New Hampshire, Rhode Island and Vermont. It is headquartered in the Federal Reserve Bank Building in Boston,... |
2006-09-05 | 2008-08-31 | |
| Elizabeth A. Duke | Philadelphia Federal Reserve Bank of Philadelphia The Federal Reserve Bank of Philadelphia, headquartered in Philadelphia, Pennsylvania, is responsible for the Third District of the Federal Reserve, which covers eastern Pennsylvania, the 9 southern counties of New Jersey, and Delaware... |
2008-08-05 | 2012-01-31 (sch. - Incumbent) | |
| Daniel Tarullo Daniel Tarullo Daniel Tarullo is a professor of Law at Georgetown University Law Center and a member of the Board of Governors of the United States Federal Reserve Board since January 28th, 2009... |
Boston Federal Reserve Bank of Boston The Federal Reserve Bank of Boston, commonly known as the Boston Fed, is responsible for the First District of the Federal Reserve, which covers most of Connecticut , Massachusetts, Maine, New Hampshire, Rhode Island and Vermont. It is headquartered in the Federal Reserve Bank Building in Boston,... |
2009-01-28 | 2012-01-22 (sch. - Incumbent) | |
| Janet L. Yellen | San Francisco Federal Reserve Bank of San Francisco The Federal Reserve Bank of San Francisco is the federal bank for the twelfth district in the United States. The twelfth district is made up of nine western states-—Alaska, Arizona, California, Hawaii, Idaho, Nevada, Oregon, Utah, and Washington--plus the Northern Mariana Islands, American Samoa,... |
2010-10-04 | 2024-01-31 (sch. - Incumbent) | |
| Sarah Bloom Raskin Sarah Bloom Raskin Sarah Bloom Raskin is an American attorney and regulator, who is currently a member of the Board of Governors of the Federal Reserve System. Previously, she served as Maryland Commissioner of Financial Regulation.-Early life and education:... |
Richmond Federal Reserve Bank of Richmond The Federal Reserve Bank of Richmond is the headquarters of the Fifth District of the Federal Reserve located in Richmond, Virginia. It covers the District of Columbia, Maryland, Virginia, North Carolina, South Carolina and most of West Virginia. Branch offices are located in Baltimore, Maryland... |
2010-10-04 | 2016-01-31 (sch. - Incumbent) |