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That's patently false: "The chairman is subject to Senate confirmation to a four-year term. In practice the chairman is often re-appointed, but cannot serve lo
by digitallogic 17y ago
That's patently false:
"The chairman is subject to Senate confirmation to a four-year term. In practice the chairman is often re-appointed, but cannot serve longer than one 14-year term as governor"
http://en.wikipedia.org/wiki/Chairman_of_the_Federal_Reserve http://en.wikipedia.org/wiki/Chairman_of_the_Federal_Reserve
- roboneal 17y agoThe chairman may be subject to Senate confirmation and dragged in front of a committee now and then. However, the larger practices of the Federal Reserve, especially dealings internationally, are not regulated and essentially secret.