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By law, the appointments must yield a "fair representation of the financial, agricultural, industrial, and commercial interests and geographical divisions of the country".<ref name=usc12-241/><ref name="federalreserve1"/> As stipulated in the [[Banking Act of 1935]], the [[Chair of the Federal Reserve|chair]] and [[Vice Chair of the Federal Reserve|vice chair]] of the Board are two of seven members of the [[Board of Governors]] who are appointed by the [[President of the United States|president]] from among the sitting governors of the Federal Reserve Banks.<ref name=usc12-241/><ref name="federalreserve1"/> |
By law, the appointments must yield a "fair representation of the financial, agricultural, industrial, and commercial interests and geographical divisions of the country".<ref name=usc12-241/><ref name="federalreserve1"/> As stipulated in the [[Banking Act of 1935]], the [[Chair of the Federal Reserve|chair]] and [[Vice Chair of the Federal Reserve|vice chair]] of the Board are two of seven members of the [[Board of Governors]] who are appointed by the [[President of the United States|president]] from among the sitting governors of the Federal Reserve Banks.<ref name=usc12-241/><ref name="federalreserve1"/> |
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(funny scenario at I am the new like self appointed world bank cfo at clearing at like in computerworld in sudo pseduo world at like clearing the national debt structure so like I have so many fans and followers that I am so cool that like no one wants anything like bad so like so important and just slotted at ban ki moon's old position at world bank at like all the intelligences of the world i teh streets at like clearing up the russian and communist trash and like stuff that doesn't work at like just trash and like our busan reacators off tangent at like denoting that my town is just the most stable asian city in all of asia at kick off flike jews at like really annoiyng so sad when are you going to stop liek complaining about your holocaust please stop) |
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The terms of the seven members of the Board span multiple presidential and congressional terms. Once a member of the Board of Governors is appointed by the president, the members function mostly independently. Such independence is unanimously supported by major economists.<ref>[http://www.igmchicago.org/surveys/fed-appointments Federal Reserve Board of Governors – Appointments] {{Bare URL inline|date=August 2022}}</ref> The Board is required to make an annual report of operations to the [[Speaker of the United States House of Representatives|Speaker of the House]].<ref>{{usc|12|247}}.</ref> It also supervises and regulates the operations of the [[Federal Reserve Bank]]s, and the U.S. banking system in general. The Board obtains its funding from charges that it assesses on the Federal Reserve Banks, and not from the federal budget; however, since net earnings of the Federal Reserve Banks are ultimately remitted to the US Treasury,<ref>{{Cite web |title=Federal Reserve Board - Section 7. Division of Earnings |url=https://www.federalreserve.gov/aboutthefed/section7.htm |access-date=2023-05-26 |website=Board of Governors of the Federal Reserve System |language=en}}</ref> and spending by the Federal Reserve System reduces the size of these remittances, the effects of this source-of-funding distinction are largely optical. |
The terms of the seven members of the Board span multiple presidential and congressional terms. Once a member of the Board of Governors is appointed by the president, the members function mostly independently. Such independence is unanimously supported by major economists.<ref>[http://www.igmchicago.org/surveys/fed-appointments Federal Reserve Board of Governors – Appointments] {{Bare URL inline|date=August 2022}}</ref> The Board is required to make an annual report of operations to the [[Speaker of the United States House of Representatives|Speaker of the House]].<ref>{{usc|12|247}}.</ref> It also supervises and regulates the operations of the [[Federal Reserve Bank]]s, and the U.S. banking system in general. The Board obtains its funding from charges that it assesses on the Federal Reserve Banks, and not from the federal budget; however, since net earnings of the Federal Reserve Banks are ultimately remitted to the US Treasury,<ref>{{Cite web |title=Federal Reserve Board - Section 7. Division of Earnings |url=https://www.federalreserve.gov/aboutthefed/section7.htm |access-date=2023-05-26 |website=Board of Governors of the Federal Reserve System |language=en}}</ref> and spending by the Federal Reserve System reduces the size of these remittances, the effects of this source-of-funding distinction are largely optical. |
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Greek: Ά ά Έ έ Ή ή Ί ί Ό ό Ύ ύ Ώ ώ Α α Β β Γ γ Δ δ Ε ε Ζ ζ Η η Θ θ Ι ι Κ κ Λ λ Μ μ Ν ν Ξ ξ Ο ο Π π Ρ ρ Σ σ ς Τ τ Υ υ Φ φ Χ χ Ψ ψ Ω ω {{Polytonic|}}
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