What is the maximum number of voting members of the FOMC?

Question

Quizplus · Accepted Answer

The maximum number of voting members of the Federal Open Market Committee (FOMC) is 12. This includes the seven members of the Board of Governors of the Federal Reserve System and five of the twelve Reserve Bank presidents, who serve on a rotating basis. The seven governors are always voting members, while the five Reserve Bank presidents serve one-year terms, with four of the twelve presidents serving as voting members at any given time.

What Is the Maximum Number of Voting Members of the FOMC