Federal Reserve Board


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Related to Federal Reserve Board: Federal Reserve Bank, FDIC

Federal Reserve Board (FRB)

The seven-member governing body of the Federal Reserve System, which is responsible for setting reserve requirements, and the discount rate, and making other key economic decisions.

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.

Federal Reserve Board

The seven governing members of the Federal Reserve System who are appointed by the President for 14-year terms. Board members play an important role in determining the country's monetary policy which, in turn, strongly influences economic activity.
References in periodicals archive ?
As such, as part of the Federal Reserve System's continued focus on strengthening governance practices, the Chairman of the Federal Reserve Board should develop, document, and require all Reserve Banks to adopt a process for requesting waivers from the Federal Reserve Board director eligibility policy and ethics policy for directors.
3 The Federal Reserve Board announced the annual adjustments in the amount of net transaction accounts used in the calculation of reserve requirements and the cutoff level used to determine the detail and frequency of deposit reporting.
All of this is fine, but members of Congress may need to directly deliver the same message to Federal Reserve Chairman Alan Greenspan and his colleagues on the Federal Reserve Board.
6 In conjunction with National Consumer Protection Week, the Federal Reserve Board and several other federal agencies released a publication to help consumers make informed choices about whether to allow their personal financial information to be shared.
17 The Federal Reserve Board issued comprehensive revisions to Regulation K (international banking operations) expanding permissible activities abroad for U.S.
The Federal Reserve Board conditioned its approval of the acquisition on BONY's agreement to expand its community service area to include The Bronx, Northern Manhattan and Brooklyn.
The Federal Reserve Board approved fee schedules on November 2, 2005, for Federal Reserve Bank payment services for depository institutions (priced services), effective January 3, 2006.
The Federal Reserve Board and the Federal Open Market Committee released on August 30, 2005, the minutes of the Committee meeting held on August 9, 2005.
The Federal Reserve Board announced on September 29, 2005, that the Consumer Advisory Council would hold its next meeting on Thursday, October 27, 2005.
The Federal Reserve Board announced on August 17, 2005, the issuance of a final decision and order of prohibition against Walter C.
"Ned has contributed powerfully to the work of the Board and of the FOMC for nearly eight years," said Federal Reserve Board Chairman Alan Greenspan.
The Federal Reserve Board announced on April 19, 2005, amendments to appendix A of Regulation CC (Availability of Funds and Collection of Checks) that reflect the restructuring of the Federal Reserve's check-processing operations in the Tenth and Twelfth Districts.

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