who is the current chair of the federal reserve board?
552460
I know this for a fact its Ben Bernake.
42337
This is unlikely, because of disclosure rules.  At least in the United States, the governors of the Federal Reserve are required to disclose their equity holdings, so that it would be obvious if their actions were being taken for personal gain.  The outgoing chairman of the Fed, Alan Greenspan, holds most of his assets in U.S. Treasury bonds to avoid any appearance of conflict of interest.  Most of the other governor's holdings are primarily in very simple investments, like index mutual funds which literally hold hundreds or thousands of stocks from multiple industries.  Again, these kinds of mutual funds are unlikely to be directly affected by any individual decision by the Fed.  The Fed also bars governors from holding stocks of companies regulated by the Fed, again making it even more difficult for the governors to profit from their decisions.
323169
http://www.federalreserve.gov/monetarypolicy/reservereq.htm
313562
the answer to this is "probably" Mortgage rates are helped by a friendly Fed and the Federal Reserve is less likely to meddle in politics by doing any changing during an election cycle.  Better yet are the chances of no rate changes, however, due to the negative bend the Fed has been on for almost two years now, even a neutral stance would be great for all of us!
172507
Minister Louis Farrakhan.\n\nLM
109835
the federal reserve bank sets monetary policy.  the most important of these policies, the interbank federal interest rate, controls how much it costs for regular banks to borrow money.  this in turn controls how much money there is floating around in the economy, which affects inflation and economic growth.\n\nhere is more information about how the chairman is selected and the responsibilities of the federal reserve board:\nhttp://www.federalreserve.gov/pubs/frseries/frseri.htm\n\nhere is a good site to learn more about how the fed works and why it exists:\nhttp://www.federalreserveeducation.org/fed101/structure/
1100840
I doubt it's possible to be completely insulated but the 14 year terms go a long way to try and make things fair.  It's certainly better than Cabinet positions where the new President gets to select a favorite.  Then, the Fed would be swayed by the President to do certain things in order to get selected.
296391
contact the federal reserve or one of their branches (research dept) or the Amer Bankers Assn
303339
The rate at which Federal Reserve loans money to Banks.
152575
As of February 1, 2006, it is Dr. Ben Shalom Bernanke, who succeeded Alan Greenspan after 19 years as Chairman of the Fed.
112164
President Herbert Hoover. However he gravely underestimated the severity of the crisis, even announcing to U.S. Congress on December 3, 1929, that the worst effects of the recent stock market crash were behind them, and that the U.S. public had regained faith in the economy.
651958
Check out the website of The Federal Reserve Board.\nThe agency charged with designing and implementing the federal monetary policy -- such as how much money to put into circulation:\n\nhttp://www.federalreserve.gov/faq.htm
876215
To answer question properly, we need to break it down.\n\n\nQ. Is the Federal Reserve System a private corporation?\n\nA. No, the system is managed and overseen by government officials. However there is some semblence at the branch level.\n\nTo elaborate: At the top of the Federal Reserve System is the Board of Governors. These are all appointed for 14-year terms by the president and confirmed by congress. It operates per it's charter and laws set by congress. it is also overseen by congress. There is absolutely no structure or mechanism for private ownership at this level. (If someone disagrees, please explain how someone could take legal title to own and control the Board of Governors).\n\nThe 12 branches, however, are organized similar to private corporations. Member banks are required to buy shares in their branch. They can vote for 6 of their 9 board members. The shares get a standard 6% dividend. The shares cannot be sold on the open market. All 'profit' from the Federal Reserve branches are turned over to the Treasury at the end of the year. Whether this branch structure constitutes 'private ownership' is the subject of much debate. Even the courts have a hard time with making the distinction in related decisions. I personally equate it to contracting out; the Board of Governors has oversight and ultimate responsibility but the branch work is carried out by this contrived joint partnership arrangement of member banks.\n\n\nQ. Does the FRS have the power to coin money?\n\nA. No, all minting and printing of money is performed by the Mint and Bureau of Engraving.\n\n\nQ. Does the FRS have the power to order the printing of money?\n\nA. No, only the Treasury is authorized to make that request. The connection is that the Federal Reserve forecasts it's currency needs and submits a request to the Treasury. The Treasury reviews and approves the requests and forwards it on.\n\n\nQ. Does Treasury borrow money from the FRS?\n\nA. Not directly. The Treasury sells Securities on the open market or to other government agencies (like Social Security).\n\nThe FRS will buy/sell T-Notes on the Open Market (i.e. from the public, not the Treasury). About $700B of the $10T in Treasury Notes are owned by the FRS.\n\n\nQ. What about the Interest\n\nA. All 'profit' from the Federal Reserve (mainly T-Note interest) is returned to the Treasury at the end of the year. So after expenses, that means that 98% of the T-Note interest is returned. So it is to the government and tax payers benefit for the FRS to buy T-Notes.\n\n\nQ. Is it correct and the debt can never be paid off under the current money system of country? \n\nA. Technically, yes, but it's not a big deal. The law just says thet FRS currency needs to be collateralized and T-Notes are chosen because they are very liquid and help offset the cost of interest. A small amount of F-Notes are collateralized by assets other than T-Notes (gold, coinage, etc). \n\nIn the unlikely event that all $10T of our nations debt is paid off, the FRS would just have to buy other assets to pump money in the economy. Could be mortgages, CDs, or municipal bonds.
760911
The current Speaker of the House of Representatives is Dennis Hastert.
547853
Nope!\n\nUSA has a free economy.  There is a Federal Reserve Board with 13 presidents and a Chairman (the chairman used to be Alan Greenspan.  Now it is Bernackey).  It is their job to manipulate the money supply.  They raise and lower interest rates.  This is called Monetary policy. The president of the U.S. and Congress raise and lower taxes and this is called Fiscal policy. Together Monetary policy and fiscal policy get the economy moving faster or slower.  If taxes are high and interest rates are high, not as many people can afford to buy houses or borrow money and this slows economy down.  Bernacky would in this case, cut interest rates and then a house payment would be $500 not $575 for example.  More people could afford smaller house payment so they would buy house causing demand for more houses and demand for more wood and concrete...\n\nThere is not enough Gold in the world to back up all the dollars and euroes.  NYC's Trash Department has a budget bigger than some small countries.  USA's economy is HUGE.  China has bought billions of our dollars when they buy our U.S. Treasury bonds.  When Bernacky raises interest rates, he is also raising the amount of interest USA pays on U.S. Treasury bills.
62039
Since the late 1960s the Federal Reserve Board has expanded the growth of money stocks at generally increasing rates. These policies have led to increasing inflation. The key elements in the Fed's failure to chart a noninflationary course are (1) its political composition and (2) its preoccupation with the interest-rate structure. Because Fed terms are so long, no President can exercise significant control over this major determinant of economic policy. The Depository Institutions Deregulation and Money Control Act of 1980 extended the Fed's control over commercial banks and monetization of debt. Congress must deal with the inability of the Federal Reserve System to function as intended. It could assume direct control over monetary growth, or it could bring central banking functions under the control of the President. A final option, and a true institutional reform, would begin with the abolition of the Fed as a policy-making central bank. This would allow the banking system to become competitive and thus innovative and in all likelihood serve consumers better than the Fed has done
935980
i think you are asking who is the govenor of Maryland well that robert Ehrilich for now , next year it Martin O'Mally\nfor the U.S Senate seat in Md  the winer is  Ben Cardin