Question

The board of governors of the federal reserve is composed of how many members and how long they serve

Answer 1

The seven members of the Board of Governors of the Federal Reserve System are specified by the President and approved by the Senate. A complete session is fourteen years. Individual term begins every two years, on February 1 of even-numbered years. A member who completes a full term may not be reappointed.

Answer 2

There are 7 members of the Board of Governors of the Federal Reserve System and they serve a full term, which is 14 years. The time frame ensures stability and continuity.