Answer:
Option B
Step-by-step explanation:
In simple words, The seven board members shall be selected by the president of the usa for a phased period of 14 years. The governing board regulates the operation of the federal reserve system and imposes a wide range of financial and consumer lending rules.
Through statute, the president of the usa may select the Board of Directors to have "equal reflection of the political , economic, manufacturing and business concerns and the regional sections of the nation." The country is split into 12 Federal Reserve constituencies and no two administrators may come from the very same Region.