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Definition of 'Board of Governors'
A board of governors is a several-member group that oversees or manages the running of an institution. The U.S. Postal Service, the BBC, the World Bank, and numerous colleges and universities all have boards of governors.
In the financial world, the best known board of governors is that of the Federal Reserve. It is a federal government agency with seven members, appointed by the president and confirmed by the senate, along with 1,800 in staff.
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Investopedia explains 'Board of Governors'
The Federal Reserve board analyzes domestic and international economic developments, supervises and regulates the operations of the Federal Reserve Banks, has responsibility for Americas payments system, and oversees and administers most consumer credit protection laws. The board of governors has seven of the 12 seats on the Federal Open Market Committee, which determines U.S. monetary policy. The board alone has authority over changes in reserve requirements, and it must approve any change in the discount rate initiated by a Federal Reserve Bank.
Members of the board frequently testify before congressional committees on the economy, monetary policy, banking supervision and regulation, consumer credit protection, and financial markets.
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Search results for 'Board of Governors'
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http://www.investopedia.com/university/conferenceboard/conferenceboard4.asp
... The input values come from organizations such as the BEA and the Board of Governors
of the Federal Reserve. ... The data comes from the Fed's board of governors. ...
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http://www.investopedia.com/university/thefed/fed1.asp
... The Fed is headed by a government agency in Washington known as the Board
of Governors of the Federal Reserve. The Board of Governors ...
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http://www.investopedia.com/articles/08/ben-bernanke.asp
... As part of the appointment, Bernanke will also be a member of the board of governors
of the Federal Reserve System for a 14-year term expiring January 31, 2020 ...
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http://www.investopedia.com/articles/basics/03/022803.asp
... On the first tier is the board of governors or directors: these individuals
are elected by the shareholders of the corporation. ...
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http://www.investopedia.com/ask/answers/06/reserverequirements.asp
... The reserve requirements are established by the Board of Governors and by varying
the requirements, the Fed is able to influence the money supply. ...
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http://www.investopedia.com/university/banking-system/banking-system10.asp
... (To learn more, see our tutorial on The Federal Reserve.). Federal Reserve Board
The Federal Reserve System is run by a board of governors and the Chairman. ...
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http://www.investopedia.com/articles/economics/08/federal-reserve.asp
... Fed can either be your kindly grandmother or the mother-in-law from hell, and its
character is usually a function of the Federal Reserve's board of governors. ...
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http://financialedge.investopedia.com/financial-edge/0611/6-Jobs-You-Cant-Get-Without-A-PhD.aspx
... 6. Federal Reserve Board of Governors - $67,461 There are seven member
of the Board of Governors of the Federal Reserve System. ...
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http://www.investopedia.com/articles/economics/08/federal-reserve-intervention.asp
... System's (FRS) website, it states that part of the board of governors' mission is
"maintaining the stability of the financial system and containing systematic ...
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http://www.investopedia.com/articles/pf/08/geek-gifts.asp
... This book is both autobiography and an analysis of major global economic events
during Greenspan's 20-year tenure as chairman of the board of governors. ...
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