The central bank is also responsible for regulating all or part of the nation’s banking system to protect bank depositors and insure the health of the bank’s balance sheet. In the United States, the c...The central bank is also responsible for regulating all or part of the nation’s banking system to protect bank depositors and insure the health of the bank’s balance sheet. In the United States, the central bank is called the Federal Reserve—often abbreviated as just “the Fed.” This section explains the organization of the U.S. Yellen is the first woman to hold the position of Chair of the Federal Reserve Board of Governors. (Credit: Board of Governors of the Federal Reserve System)
Powell to a 4-year term as chair of the Federal Reserve, replacing Janet Yellen, who served as the first female chair of the Federal Reserve from 2014–2018 and who now serves as the Treasury Secretary...Powell to a 4-year term as chair of the Federal Reserve, replacing Janet Yellen, who served as the first female chair of the Federal Reserve from 2014–2018 and who now serves as the Treasury Secretary in the Biden administration.
