Email
Print Friendly
A A A

Banking

Fed Governors Sworn In

Lael BrainardLael Brainard took the oath of office as a member of the Federal Reserve System Board of Governors on June 16. Jerome H. Powell was also sworn in for a second term on the Board, and Stanley Fischer was sworn in as vice chairman of the Board. The oaths were administered by Fed Chair Janet Yellen.

Lael Brainard (pictured) took the oath of office as a member of the Federal Reserve System Board of Governors on June 16. Jerome H. Powell was also sworn in for a second term on the Board, and Stanley Fischer was sworn in as vice chairman of the Board. The oaths were administered by Fed Chair Janet L. Yellen.

President Obama nominated the three in January 2014. Brainard and Powell were confirmed as board members by the United States Senate on June 12, and their terms expire on January 31, 2026, and January 31, 2028, respectively. Fischer was confirmed by the Senate as a board member on May 21 and confirmed as vice chairman on June 12. His term as vice chairman expires June 12, 2018.

June 24, 2014

 

Related Links

Related Links on Other Sites