How does the Chairman become appointed?

The Federal Reserve System is also known as The Fed. Many people don’t realize the importance and power of the Federal Reserve. It was created to provide the nation with a safer, more flexible, and more stable monetary and financial system. The Fed plays an integral role in the United States’ government and economy.

Task #1 – Federal Reserve Video

1. Watch the video found at this link: The Federal Reserve In Plain English
2. As you watch complete the questions on the “Federal Reserve” document.

Task #2 – Create a PowerPoint, Google Slide, Prezi, etc. with the information from Task 2 & 3.
Chairman of the Federal Reserve
The Chairman of the Fed is the head of the central banking system of the United States and one of the most important decision-makers in American economic policies:
• How does the Chairman become appointed?
• What is his term of office?
• What are his responsibilities?
• Who is Jerome Powell? Why is he important?
• How important is the position of Chairman of the Federal Reserve?
Use the links below to help find your answers:
http://www.federalreserve.gov/pubs/frseries/frseri.htm
http://www.federalreserve.gov/pubs/frseries/frseri3.htm
http://www.federalreserve.gov/pubs/frseries/frseri4.htm

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