The chairman of the Board of Governors of the Federal Reserve System is the head of the Federal Reserve,and is the active executive officer of the Board of Governors of the Federal Reserve System. The chairman presides at meetings of the Board.
Janet Louise Yellen is an American economist serving as the 78th United States secretary of the treasury since January 26,2021. She previously served as the 15th chair of the Federal Reserve from 2014 to 2018. She is the first woman to hold either post,and has also led the White House Council of Economic Advisers.
Ben Shalom Bernanke is an American economist who served as the 14th chairman of the Federal Reserve from 2006 to 2014. After leaving the Federal Reserve,he was appointed a distinguished fellow at the Brookings Institution. During his tenure as chairman,Bernanke oversaw the Federal Reserve's response to the late-2000s financial crisis,for which he was named the 2009 Time Person of the Year. Before becoming Federal Reserve chairman,Bernanke was a tenured professor at Princeton University and chaired the Department of Economics there from 1996 to September 2002,when he went on public service leave. Bernanke was awarded the 2022 Nobel Memorial Prize in Economic Sciences,jointly with Douglas Diamond and Philip H. Dybvig,"for research on banks and financial crises",more specifically for his analysis of the Great Depression.
Andrew Felton Brimmer was an American economist and business leader who served as a member of the Federal Reserve Board of Governors from 1966 to 1974. A member of the Democratic Party,Brimmer was the first African American to sit on the Board.
Lael Brainard is an American economist serving as the 14th director of the National Economic Council since February 21,2023. She previously served as the 22nd vice chair of the Federal Reserve between May 2022 and February 2023. Prior to her term as vice chair,Brainard served as a member of the Federal Reserve Board of Governors,taking office in 2014. Before her appointment to the Federal Reserve,she served as the under secretary of the treasury for international affairs from 2010 to 2013.
Alicia Haydock Munnell is an American economist who is the Peter F. Drucker Professor of Management Sciences at Boston College's Carroll School of Management. Educated at Wellesley College,Boston University,and Harvard University,Munnell spent 20 years as an economist at the Federal Reserve Bank of Boston,where she researched wealth,savings,and retirement among American workers. She served in the Bill Clinton administration as Assistant Secretary of the Treasury for Economic Policy and as a member of the Council of Economic Advisers. Since 1997 she has been a professor at Boston College and director of its Center for Retirement Research,where she writes on retirement income policy.
Cecilia Elena Rouse is an American economist and the President of the Brookings Institution. She served as the 30th Chair of the Council of Economic Advisers between 2021 and 2023. She is the first Black American to hold this position. Prior to this,she served as the dean of the Princeton School of Public and International Affairs at Princeton University. Joe Biden nominated Rouse to be Chair of the Council of Economic Advisers in November 2020. Rouse was overwhelmingly confirmed by the Senate on March 2,2021,by a vote of 95–4. She resigned on March 31,2023 to return to teaching. On June 28,she was named the 9th President of the Brookings Institution.
Sarah Bloom Raskin is an American attorney and financial markets policymaker who served as the 13th United States Deputy Secretary of the Treasury from 2014 to 2017. Raskin previously served as a member of the Federal Reserve Board of Governors from 2010 to 2014. She also was Maryland Commissioner of Financial Regulation. She was a Rubenstein Fellow at Duke University. She is currently the Colin W. Brown Distinguished Professor of the Practice of Law at Duke Law School. She is also a Senior Fellow at the Duke Center on Risk. She also serves as a Partner at Kaya Partners,Ltd.,a climate advisory firm.
Jeremy Chaim Stein is an American economist and the Moise Y. Safra Professor of Economics at Harvard University;he also chaired Harvard's economics department. He served as a member of the Federal Reserve Board of Governors from 2012 to 2014. Stein served as president of the American Finance Association in 2008.
Adriana Debora Kugler is an American economist who serves as a member of the Federal Reserve Board of Governors. She previously served as U.S. executive director at the World Bank,nominated by President Joe Biden and confirmed by the U.S. Senate in April 2022. She is a professor of public policy at Georgetown University's McCourt School of Public Policy and is currently on leave from her tenured position at Georgetown. She served as the Chief Economist to U.S. Labor Secretary Hilda L. Solis from September 6,2011 to January 4,2013.
Janice Caryl "Jan" Eberly is an American economist. Since 2002 she has been the James R. and Helen D. Russell Distinguished Professor of Finance at the Kellogg School of Management of Northwestern University. She served from 2011 to 2013 as Assistant Secretary of the Treasury for Economic Policy and chief economist of the United States Department of the Treasury. She was named a Fellow of the American Academy of Arts and Sciences in 2013. Her research focuses on the intersection of macroeconomics and finance.
Nancy Hays Teeters was an American economist and corporate executive who served as a member of the Federal Reserve Board of Governors from 1978 to 1984. A member of the Democratic Party,Teeters was the first woman to sit on the Board. She was nominated by President Jimmy Carter to fill out the remainder of the term of Arthur F. Burns,a former chairman of the Fed. Teeters was known for her public statements in which she dissented from the mainstream opinion of the Board and Chairman Paul Volcker.
Judy Lynn Shelton is an American economic advisor to former President Donald Trump. She is known for her advocacy for a return to the gold standard and for her criticisms of the Federal Reserve. Trump announced on July 2,2019,that he would nominate Shelton to the Fed. Her nomination stalled on November 17,2020,with a 47–50 vote in the Senate,and her nomination was eventually withdrawn by President Joe Biden in February 2021.
Raphael W. Bostic is an American economist,academic,and public servant who has served as the 15th president and CEO of the Federal Reserve Bank of Atlanta since 2017. During his academic career,Bostic served as chair of the Department of Governance,Management,and the Policy Process at the Price School of Public Policy at the University of Southern California.
Jean Nellie Liang is an economist who currently serves as President Joe Biden's Under Secretary of the Treasury for Domestic Finance.
Philip Nathan Jefferson is an American economist who has been serving as 23rd Vice Chair of the Federal Reserve since September 2023. He has been a member of the Federal Reserve Board of Governors since 2022. He was nominated for the position by President Joe Biden in January 2022,and was confirmed by the Senate in May 2022. Upon taking office,he became the fourth Black man to serve on the board.
Christopher J. Waller is an American economist who is a member of the Federal Reserve Board of Governors since 2020. A nominee of then-President Donald Trump,he was confirmed by the Senate in December 2020,to serve through January 2030.
Tamika Renee Montgomery-Reeves is an American lawyer who serves as a United States circuit judge of the United States Court of Appeals for the Third Circuit. She previously served as an Associate Justice of the Delaware Supreme Court.
The Sadie Collective is the first American non-profit organization which aims to increase the representation of African-American women in economics and related fields. It was founded by Anna Gifty Opoku-Agyeman and Fanta Traore in August 2018 and is named for the first African-American economist,Sadie T. M. Alexander.
Holly Aiyisha Thomas is an American attorney serving as a United States circuit judge of the United States Court of Appeals for the Ninth Circuit. She previously served as a judge of the Los Angeles County Superior Court from 2018 to 2022.
