Members of the Federal Reserve's Board of Governors, including the chair of the Federal Reserve System, are government employees whose pay is set by Congress. Author: Dominic Diongson.

President Trump floated the idea of firing Jerome Powell — whom he first appointed Federal Reserve chair — earlier this week, ...

The Federal Reserve’s board of governors, explained — who’s on it and what they do. Sarah Foster. January 30, 2024 at 10:00 AM. Copied; Key takeaways.

The Federal Reserve System has three main entities: the Board of Governors, the Federal Open Market Committee (FOMC) and 12 member banks — with each of the latter representing a district of the U.S.

The Fed Board of Governors typically meets twice a month by teleconference or at the Federal Reserve headquarters in the Marriner S. Eccles Building at 2051 Constitution Avenue, NW Washington, DC ...

The Federal Reserve Board (FRB) is the governing body of the Federal Reserve System, the U.S. central bank in charge of making monetary policy.

More the William McChesney Martin Jr. Federal Reserve Board Building in Washington, DC, May 15, 2025.(Photo by JIM WATSON/AFP via Getty Images) AFP via Getty Images. Key Facts.

Each of the 12 Federal Reserve banks, separate from the main Fed, has a board divided into three groups — Class A, Class B and Class C — with three members in each group.