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The US Senate has voted to give Lisa Cook a 14 year term at the Fed

Lisa Cook has been confirmed as a Federal Reserve Governor. ---Background to the Federal Reserve Board of Governors, the governing body that oversees the Federal Reserve System, the US central bank.The Board is composed of seven membersMembers are by the US President and confirmed by the Senate Each member serves a 14-year termTerms are staggered so that one expires every two years The Chair and Vice Chair serve four-year terms and can be reappointedEach member of The Board of Governors particip... Read More

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Posted: Sep 6 2023, 22:37

Author Name: forexlive

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