Board of Governors of the Federal Reserve System

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Board of Governors of the Federal Reserve System

The managing body of the Federal Reserve System, which sets policies on bank practices and the money supply.

Board of Governors of the Federal Reserve System

A committee of the Federal Reserve charged with implementing monetary policy of the United States. It consists of seven members appointed by the President of the United States and confirmed by the Senate. The chairman of the Board also serves as Chairman of the Federal Reserve. Members serve for staggered, 14-year terms. The length of service is designed to give the Board as much independence from Congress, and therefore immediate political expediency, as possible. The Board makes an annual report on its operation to the Speaker of the House of Representatives and its members serve ex officio on the Federal Open Market Committee.
References in periodicals archive ?
Table 3 shows the nutrient composition and total microbes of the FRB in the fermentation conditions which had the lowest CF content FRB.
The National Consumer Law Center (NCLC), Consumers Union, AARP and other consumer advocates participated, and eventually Fannie Mae, Freddie Mac and regulators began attending including representatives from HUD, the FRB, the Federal Trade Commission (FTC) and others.
We begin by discussing the key differences between the FRB and ISM utilization rates and review how plant closures and technological obsolescence are captured by the two measures.
The subordinated debt issued by FRB has been downgraded to 'BBB' from A' and removed from Rating Watch Negative reflecting the fact that FRB does not benefit from government support as it did as a division of BAC.
The FRB did not object to certain capital actions, including the maintenance of a common dividend payment of $0.
Due to the importance the FRB places on international standards, the FRB's AML experts participate regularly in the U.
Withdrawn by FRB in response to comments and consumer testing
FRB director Robin Grossmith said: "It would be inappropriate if I went into any detail, but all I will say is that Stephen said he would be putting a proposal forward to his RCA board and his gambling advice group, and write to us towards the end of this week.
FRB has stated that this provision of Regulation B minimizes the chances that lenders would use such data in an unlawful and discriminatory manner.
The Federal Deposit Insurance Corporation (FDIC), the Federal Reserve Board (FRB), and the Office of the Comptroller of the Currency (OCC) announced on July 28, 2003, a new interagency electronic filing system that will allow faster and easier submission and public retrieval of beneficial ownership reports filed by directors, officers, and principal shareholders of institutions (insiders) whose equity securities are registered with the FDIC, the FRB, and the OCC.
Since the Fed's creation in 1913, there have been 74 FRB appointees.
Fitch has revised the Rating Watch to Negative from Evolving on subordinated debt rated `A' originally issued by FRB, and revised the Rating Watch to Positive from Evolving on REIT preferred securities rated `BB-' issued by FRB affiliates First Republic Preferred Capital Corp.