A Brief History of the Federal Reserve Bank
Bettmann / Corbis
The Federal Reserve Board, 1914
The seven original members of the FRB sit for a group portrait, shortly after being sworn in. They include the first Chairman of the Federal Reserve, Charles Hamlin, seated, far left, and President Wilson's Treasury Secretary W.G. McAdoo, seated center. Today, the appointed members of the board serve staggered fourteen-year terms.
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