Chair of the Federal Reserve

High school (ages 12+)
People & Society

Name:

Date:

Step 1 · Read the article

Open the article and read it at the level above. Then answer the questions below in your own words.

https://smallwhale.org/articles/chair-of-the-federal-reserve

Write what each word means, using the article.

Do not copy the article. Write two things you learned, the way you would explain them to a friend.

Answers below are taken from the article’s stored facts, so they match what the student read.

1. What does the Chair of the Federal Reserve do?The Chair leads the Board of Governors, sets the direction for U.S. monetary policy, and helps keep the economy stable by managing money and interest rates.
2. How is the Chair of the Federal Reserve chosen?The President nominates a candidate, the U.S. Senate holds hearings to review them, and a majority vote confirms the Chair for a four‑year term.

Federal Reserve System: The central bank of the United States, established to provide the nation with a safer, more flexible, and more stable monetary and financial system.
Monetary Policy: Actions undertaken by a central bank to manipulate the money supply and credit conditions to stimulate or restrain economic activity.
Dual Mandate: The Federal Reserve's congressionally mandated goals of maximum employment and price stability.
Board of Governors: The governing body of the Federal Reserve System, consisting of seven members appointed by the President and confirmed by the Senate.