Federal Reserve Board


The 7-member Board of Governors that oversees Federal Reserve Banks, establishes monetary policy (interest rates, credit, etc.), and monitors the economic health of the country. Its members are appointed by the President subject to Senate confirmation, and serve 14-year terms. also called the Fed.

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The federal reserve board could be considered the most powerful group of people in the planet as they can print money.

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Given my experience in market speculation and law, I think that I could submit a bid to the President to appoint me to the Federal Reserve Board.

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The federal reserve board always gets a lot of press when our economy is this far down in the dumps; but how often do you hear about the Fed when things are going well?

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