FEDERAL RESERVE BOARD. A United States government agency empowered by Congress to regulate credit in the country. Its members are appointed by the President of the United States.
Federal Reserve Board. 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.
Federal Reserve Board. Seven Governors of the U.S. Central Bank appointed by the President of the U.S., with the advice and consent of the Senate, responsible for management of the Federal Reserve System.
Federal Reserve Board. A seven-member group that directs the operations of the Federal Reserve System. Board members are appointed by the president, subject to approval by Congress.
Failure Review Board
Federal Reserve Board or Bank
Federal Reserve Bank. The governing financial institution of the United States of America.
Federal Reserve Bank. One of the 12 operating arms of the Federal Reserve System, located throughout the nation, that together with their 25 branches carry out various System functions, including operating a nationwide payments system, distributing the nation's currency and coin, supervising and regulating member banks and bank holding companies and serving as banker for the U.S. Treasury.
Federal Reserve Bank, any one of 12 regional banks that make up the Federal Reserve System. The Fed System helps clear and settle inter-bank payments, among other responsibilities.
Federal Reserve Board. The governing body of the Federal Reserve System. The Board is comprised of seven members appointed by the President and subject to confirmation by the Senate. In order to ensure members' independence from political influence, each member serves a 14-year term. The Board is responsible for setting monetary policy for the U.S. and has the authority to determine bank reserve requirements, set the discount rate, regulate the availability of credit, and control the purchase of securities on margin. See: Discount Rate; Federal Reserve System