The Board of Governors of the Federal Reserve is composed of
A) a Chair, Vice Chair, and five Governors, all nominated by the President and confirmed by the House of
Representatives.
B) a Chair, Vice Chair, and five Presidents of Federal Reserve Banks, all nominated by the President and confirmed by the Senate.
C) a Chair, Vice Chair, and five Governors, all nominated by the President and confirmed by the Senate.
D) a Chair, Vice Chair, five Governors, and five Presidents of Federal Reserve Banks, all nominated by the President and confirmed by the Senate.

Question

Quizplus · Accepted Answer

The Board of Governors of the Federal Reserve is indeed composed of a Chair, Vice Chair, and five Governors, all of whom are nominated by the President of the United States and confirmed by the Senate.

The Board of Governors of the Federal Reserve Is Composed