(US GOVERNMENT) one of two governing boards of the US Federal Reserve System (the Usonian Central Bank). The FRB consists of seven governors appointed by the White House to staggered terms of 14 years.
Governor appointments are subject to Senate confirmation.
The FRB sets monetary policy. Its seven members also serve on the other governing board of the Fed, the FOMC. However, the FRB has sole responsibility for discount rates and reserve requirements, and it is also responsible for enforcement of banking regulation.
Governor appointments are subject to Senate confirmation.
The FRB sets monetary policy. Its seven members also serve on the other governing board of the Fed, the FOMC. However, the FRB has sole responsibility for discount rates and reserve requirements, and it is also responsible for enforcement of banking regulation.
Despite the fact that the Chairman of the Federal Reserve Board has the same power as the other six governors, most people have only heard of Alan Greenspan (1987-2006) or Ben Bernanke (2006-present). About the same time, Susan M. Phillips (1991-1998) held approximately equal power on the Board; so did Roger W. Ferguson, Jr. (1997-2006).
Because governors almost never serve their full terms, there are currently only five governors on the board. The two longest-serving members, Bernanke and Vice Chair Donald Kohn, have only been there since August 2002.
Because governors almost never serve their full terms, there are currently only five governors on the board. The two longest-serving members, Bernanke and Vice Chair Donald Kohn, have only been there since August 2002.
by Abu Yahya June 17, 2010
Get the Federal Reserve Board mug.
Related Words
Fedorable • fedora • Fedora Core • Fedora Boy • fedora guy • fedorade • Fedorasyndrome • fedora_hina • Fedora Aura • Fedora Douche
by Her Radicalness September 15, 2005
Get the federal mug.The oldest know surviving Russian last name. With few people in the word who poses this last name. As most Fedorov's were killied during the Russian revolution. Bedause they were cousins of the last Tzar
by TheHippieHobo January 2, 2017
Get the fedorov mug.A type of intercourse generally regarded as non-penetrative sex, in which a male partner places his penis between a male or female partner's thighs, and thrusts to create friction and achieve orgasm.
The sensation for the man can be just as great as penetrative sex (if not better), and when done where the receiving partner is female, the man's penis often rubs against the clitoris, causing the woman to orgasm, too.
The sensation for the man can be just as great as penetrative sex (if not better), and when done where the receiving partner is female, the man's penis often rubs against the clitoris, causing the woman to orgasm, too.
Man 1: "Dude, you have GOT to try femoral sex. It is fucking AWESOME."
Man 2: "What's so great about it, if you can't put your dick in her vagina?"
Man 1: "It feels just as good--I didn't even realize I slipped out at first--AND it's the only way that she and I have cum at the SAME TIME."
Woman: "Speaking as someone with vaginismus, femoral sex is an AMAZING solution. He still gets to thrust and feel the sensation of going in (which makes him cum), while I don't have to feel any pain AND I get to orgasm!"
Man 2: "What's so great about it, if you can't put your dick in her vagina?"
Man 1: "It feels just as good--I didn't even realize I slipped out at first--AND it's the only way that she and I have cum at the SAME TIME."
Woman: "Speaking as someone with vaginismus, femoral sex is an AMAZING solution. He still gets to thrust and feel the sensation of going in (which makes him cum), while I don't have to feel any pain AND I get to orgasm!"
by fuc4Ucoff33tab1e October 16, 2018
Get the Femoral Sex mug.Vladimir Fedorov also known as Volodymyr. You can call a guy Vladimir Fedorov to let them know that they are attractive person, a sexy man, good hair, pretty eyes, falls in love with girl that is usually named Samsara. He has friends with relationship issues. Vladimirs usually have good looking sister usually with a name of Carla.
by David yo boy December 27, 2016
Get the Vladimir Fedorov mug.A Micronesia country ran by RN of the association of Kampeinesia. The government consists of RN, BCC , AS , AS , FH
"Have you checked the new laws in The Federated States Of Kampei?" - BCC
"Yes, the taxes are very affordable." - AS
"Yes, the taxes are very affordable." - AS
by Kampei May 13, 2023
Get the The Federated States Of Kampei mug.