Reminder of the structure: * seven Board members (including Chair and Vice-Chair) * twelve regional banks * the Federal Open Market Committee (FOMC), made of

Reminder of the structure: * seven Board members (including Chair and Vice-Chair) * twelve regional banks * the Federal Open Market Committee (FOMC), made of: * * seven Board members * * president of New York bank * * 4 of 11 of the rest of regional banks on a rotating basis Source: * https://www.federalreservehistory.org/essays/fed-structure https://www.federalreservehistory.org/essays/fed-structure * also: https://www.clevelandfed.org/about-us/understanding-the-federal-reserve https://www.clevelandfed.org/about-us/understanding-the-fede...