The Federal Reserve’s board of governors is responsible for overseeing the broader Fed system, as well as supervising and regulating financial institutions. The board is made up of seven ...

The main role of the Board of Governors is to manage the Federal Reserve system by overseeing the 12 Reserve Banks and providing guidance when they lend to depository institutions. It also ...

Members of the Federal Reserve's Board of Governors, including the chair of the Federal Reserve System, are government employees whose pay is set by Congress. The Federal Reserve is an important U ...