The Federal Reserve Board of Governors
A)rotate each four years.
B)are appointed by the President and confirmed by the Senate.
C)are elected by popular vote.
D)hold lifetime appointments.

Question

Quizplus · Accepted Answer

The members of the Federal Reserve Board of Governors are appointed by the President and confirmed by the Senate. They serve for 14-year terms, which are staggered so that one term expires on January 31 of each even-numbered year. Therefore, option B is the correct answer.