This site uses cookies to improve your browsing experience, gather site analytics and activity, track shopping cart contents, and deliver relevant marketing information.
View our privacy policy and manage your settings here. By using our site you agree to these terms.

11.6 President to Appoint Fed Vice Chairman for Supervision

<< Title XI Overview

11.6 President to Appoint Fed Vice Chairman for Supervision

 

 


            11.6.     President to Appoint Fed Vice Chairman for Supervision.  The Fed will have 2 Vice Chairmen under the new law, one of whom is to be designated Vice Chairman for Supervision.  The Vice Chairman for Supervision will oversee the supervision and regulation of all entities within the Fed's jurisdiction and is to appear before the House and Senate banking committees at least semiannually.  [§1108]