answersLogoWhite

0


Best Answer

The president does have the power to remove a member of the Board of Governors, but only for cause. Cause in this case would mean something like the chairman got the keys to the vault and was found stuffing his pockets with bullion.

User Avatar

Wiki User

12y ago
This answer is:
User Avatar
More answers
User Avatar

Wiki User

15y ago

Yes; anyone who does any job can be fired, except for the president and people like that.

This answer is:
User Avatar

User Avatar

Wiki User

12y ago

yes, every1 is accountable to some 1 or something, eg a committee or president,

any1 can be fired or may "resign"

This answer is:
User Avatar

User Avatar

Wiki User

13y ago

Yes. The President may remove the Chairman, and any of the governors, for "cause."

Federal Reserve Act, 12 USC 242

This answer is:
User Avatar

User Avatar

Wiki User

13y ago

Alan Greenspan

This answer is:
User Avatar

User Avatar

Wiki User

11y ago

Congress

This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Who can fire the chairman of the federal reserve board?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Who can fire bernanke?

The Chairman and Vice Chairman of the Board of Governors of the Federal Reserve System are appointed to four year terms by the President and confirmed by Congress. In theory, like other presidential appointments, the President could ask for the Chairman's resignation, but such a thing has never happened in the history of the Fed.


Is the Board Chairman the CEO?

No, The Board Chairman is a Higher rank than the CEO, and With the Board's Consent, They can Fire the CEO whenever they like.


Who is the chairman of WWE 2012?

Vince McMahon, the only one that can fire Vince is Vince himself. He is the owner and chairman of the Board


What is the meaning of fire on board?

it is a fire on a board =P


How do you design the fire reserve tank?

With a pen and paper


What is the common ending for chair fire and dust?

chairman, fireman, dustman


What do you do when there's a fire on board ship?

fire onbard


Where is the Western Reserve Fire Museum At Cleveland Inc in Cleveland Ohio located?

The address of the Western Reserve Fire Museum At Cleveland Inc is: 310 Carnegie Ave, Cleveland, OH 44115


Are fire station a federal facility?

what's a federal facility


National Board of Fire Underwriters What is the history of this organization?

Try, http://www.answers.com/topic/national-board-of-fire-underwriters regards Iain


What do you get when you reserve Halo 3 odst?

you can play as Sgt. Johnson in fire fight mode.


What should you do if you discover fire on board?

Stop the boat and position it in such a manner that the fire is downwind.