Amends the Federal Reserve Act to change the expiration date of the term of office of the Chairman of the Board of Governors of the Federal Reserve System to January 31 of the first calendar year commencing after the calendar year during which the term of the President who appointed such Chairman expires. Directs the President to appoint a vice chairman for a term of four years.
Enunciates the duties of the vice chairman of the Board.
Introduced in House
Introduced in House
Referred to House Committee on Banking, Finance and Urban Affairs.
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