#1
11th December 2015, 09:31 AM
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Who Owns The Federal Reserve Bank of The United States
Hello, I want to know that who is the owner of the Federal Reserve Bank of United States. Please provide me the details.
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#2
11th December 2015, 10:02 AM
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Re: Who Owns The Federal Reserve Bank of The United States
The Federal Reserve System fulfils its public mission as an independent entity within government. It is not "owned" by anyone and is not a private, profit-making institution. As the nation's central bank, the Federal Reserve derives its authority from the Congress of the United States. Board of Directors of Federal Reserve Bank of San Francisco Appointed by Board of Governors of the Federal Reserve System Class C Roy A. Vallee (2017) Chairman of the Board and Federal Reserve Agent Retired Executive Chairman and Chief Executive Officer Avnet, Inc. Phoenix, Arizona Alexander R. Mehran (2015) Deputy Chairman Chairman and Chief Executive Officer Sunset Development Company San Ramon, California Barry M. Meyer (2016) Founder and Chairman North Ten Mile Associates Burbank, California Elected by Member Banks Class A Peter S. Ho (2015) Group 1 Chairman, President and Chief Executive Officer Bank of Hawaii and Bank of Hawaii Corporation Honolulu, Hawaii Steven R. Gardner (2016) Group 2 President and Chief Executive Officer Pacific Premier Bank Irvine, California Megan F. Clubb (2017) Group 3 Chief Executive Officer and Chairman of the Board Baker Boyer National Bank Walla Walla, Washington Class B Steven E. Bochner (2015) Group 3 Partner Wilson, Sonsini, Goodrich & Rosati, P.C. Palo Alto, California Nicole C. Taylor (2016) Group 1 Associate Vice Provost for Student Affairs and Dean of Community Engagement and Diversity Stanford University Stanford, California Richard A. Galanti (2017) Group 2 Executive Vice President and Chief Financial Officer Costco Wholesale Corporation Issaquah, Washington Member of the Federal Advisory Council, Appointed by San Francisco Board of Directors John G. Stumpf (2015) Chairman and Chief Executive Officer Wells Fargo & Company San Francisco, California |