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Why are the Board of Governors of the Federal Reserve appointed for staggered fourteen-year terms?
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Why are the Board of Governors of the Federal Reserve appointed for staggered fourteen-year terms?

User Fffrost
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The seven members of the Board are appointed by the President of the United States for staggered 14-year terms. The Board of Governors supervises the work of the Federal Reserve Banks and issues a variety of banking and consumer-credit regulations.
User Ilya Tchivilev
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Answer: to protect board members from political pressures

User Shihan Khan
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