<P> The Board of Governors of the Federal Reserve System , commonly known as the Federal Reserve Board , is the main governing body of the Federal Reserve System . It is charged with overseeing the Federal Reserve Banks and with helping implement monetary policy of the United States . Governors are appointed by the President of the United States and confirmed by the Senate for staggered 14 - year terms . </P>
who appoints the members of the board of governors of the federal reserve
the President of the United States