For six months he held two full-time positions: head of the RFC and chairman of the Federal Reserve Board.
Does either candidate have any idea about what steps the Federal Reserve Board ought to take now?
In late 1930, Eugene Meyer, father of the late Katharine Graham, was appointed chairman of the Federal Reserve Board.
The central monetary authority of the United States. The Board of Governors supervises the twelve Federal Reserve banks, which deal with other banks rather than with the public. The system has many functions, including regulating interest rates.