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In order for a person to become a member of the Board of Governors of the Federal Reserve System, they have to be nominated by the President, and then confirmed by the United States Senate. There are 7 members.

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Q: How can a person become a member of the Board of Governors?
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Related questions

Which of these officers of the Federal Reserve has the power to determine what the margin requirement will be for member banks?

Board of Governors


What is the work of governors board member?

The Governors board members are responsible for displaying a Governors beliefs. They are also responsible for setting meetings, and being the Governors voice at times.


How many members of the Board of Governors are there?

The Fed's primary policy-making group is the seven-member Board of Governors.


What is the length of a term of a member of the board of governors?

14 years


What is the length of a term for member of the board of governors?

14 years


Who manages the federal reserve system?

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How many Fed Governors are there?

seven-member board of governors governors are given 14 year terms designed to insulate them from political pressure.


What type of individuals are named to the Board of Governors of the IMF?

The organization of the IMF has at its top a board of governors and alternate governors, who are usually the ministers of finance and heads of central banks of each member country.


How often does the executive board of the IMF meet?

A twenty-four-member executive board, composed of representatives or the total board of governors, meets a number of times each week to supervise the implementation of the policies adopted by the board of governors.


Each member of the Board of Governors of the Federal Reserve Bank is appointed by the .?

president A+ users ^.^


The of the Federal Reserve has the power to determine what the margin requirement will be for member banks?

Board of Governors


The president of the Federal Reserve has the power to raise or lower the reserve requirements of member banks?

no the board of governors