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Statements

Subject Item
dbr:Vice_Chair_of_the_Federal_Reserve
rdf:type
owl:Thing
rdfs:label
Vice Chair of the Federal Reserve
rdfs:comment
The vice chair of the Board of Governors of the Federal Reserve System is the second-highest officer of the Federal Reserve, after the chair of the Federal Reserve. In the absence of the chair, the vice chair presides over the meetings Board of Governors of the Federal Reserve System. The position of vice chair is currently held by Lael Brainard who was sworn in on May 23, 2022. The position of vice chair for supervision is currently held by Michael Barr who was sworn in on July 19, 2022.
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dbp:incumbent
dbr:Lael_Brainard
dbp:body
the Board of Governors of the Federal Reserve System
dbp:first
dbr:Frederic_Adrian_Delano
dbp:flag
Flag_of_the_United_States_Federal_Reserve.svg
dbp:formation
1914-08-10
dbp:insignia
Seal of the United States Federal Reserve Board.svg
dbp:seat
dbr:Eccles_Building dbr:Washington,_D.C.
dbp:website
n9:powell.htm%7Cwww.federalreserve.gov
dbo:abstract
The vice chair of the Board of Governors of the Federal Reserve System is the second-highest officer of the Federal Reserve, after the chair of the Federal Reserve. In the absence of the chair, the vice chair presides over the meetings Board of Governors of the Federal Reserve System. The vice chair and the vice chair for supervision each serve a four-year term after being nominated by the president of the United States and confirmed by the United States Senate, and they serve concurrently as members of the Board of Governors. Both vice chairs may serve multiple terms, pending a new nomination and confirmation at the end of each term, with Ronald Ransom as the longest serving vice chair from 1936 to 1947. They cannot be dismissed by the president before the end of their term. The position of vice chair is currently held by Lael Brainard who was sworn in on May 23, 2022. The position of vice chair for supervision is currently held by Michael Barr who was sworn in on July 19, 2022.
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with Senate advice and consent
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dbr:United_States_Federal_Reserve_System
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Flag of the Federal Reserve System
dbp:flagholder
yes
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130
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2022-05-23
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Seal of the Board of Governors
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120
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dbr:Federal_Reserve_Board_of_Governors dbr:Federal_Open_Market_Committee
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Vice Chair
dbp:reportsTo
dbr:United_States_Congress
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