There are members of the board of governors, who the president of the united states appoints to . one of the board members is appointed chairman for .

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26-08-2022
Social Studies

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There are members of the board of governors, who the president of the united states appoints to . one of the board members is appointed chairman for .

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aryanagarwal466 aryanagarwal466 · Answer 1 · 2022-09-02T08:22:37-04:00

There are 7 members of the board of governors, who the president of the united states appoints to 14-year nonrenewable terms. One of the board members is appointed chairman for 4-year renewable term.

The Senate confirms the seven members of the Board after the president of the United States appoints them. The Federal Reserve's policy decisions are directed by these Governors. The term of a Federal Reserve Governor is 14 years. A governor could, however, hold office for a longer period of time. For instance, William McChesney Martin Jr. sat on the Board of Governors for over 19 years as both a member and the Chairman after being chosen to serve out the remainder of someone else's tenure before being chosen for his own term.

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There are ________ members of the board of governors, who the president of the united states appoints to ________. one of the board members is appointed chairman for ________.

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There are members of the board of governors, who the president of the united states appoints to . one of the board members is appointed chairman for .