Question

The members of the Federal Reserve’s Board of Governors a. are elected to office by the public every fourteen years. b. are nominated by the U.S. Senate banking committee and confirmed by the U.S. house of representatives. c. are elected by bankers in each Federal Reserve Region. d. are appointed by the president of the U.S. and confirmed by the U.S. Senate.

Answer 1

The members of the Federal Reserve’s Board of Governors a. are elected to office by the public every fourteen years

Step-by-step explanation:

"The seven members of the Board of Governors of the Federal Reserve System are nominated by the President and confirmed by the Senate. A full term is fourteen years. One term begins every two years, on February 1 of even-numbered years. A member who serves a full term may not be reappointed. A member who completes an unexpired portion of a term may be reappointed. All terms end on their statutory date regardless of the date on which the member is sworn into office."

Reference: Board of Governors of the Federal Reserve System. “Board Members .” Board of Governors of the Federal Reserve System, 2019