The current members of the Board of Governors are as follows:[8]
| Photo | Governor | Political party | Entered office | Term expires |
|---|---|---|---|---|
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Jerome Powell (Chairman) |
Republican | February 5, 2018 (as Chairman) May 25, 2012 (as Governor) June 16, 2014 (new term) |
February 5, 2022 (as Chairman) January 31, 2028 (as Governor) |
.jpg) |
Richard Clarida (Vice Chairman) |
September 17, 2018 (as Vice Chairman) September 17, 2018 |
September 17, 2022 (as Vice Chairman) January 31, 2022 (as Governor) |
|
.jpg) |
Randal Quarles (Vice Chairman for Supervision) |
October 13, 2017 (as Vice Chairman for Supervision) October 13, 2017 |
October 13, 2021 (as Vice Chairman for Supervision) January 31, 2032 (as Governor) |
|
 |
Lael Brainard | Democratic | June 16, 2014 | January 31, 2026 |
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Michelle Bowman | Republican | November 26, 2018 | January 31, 2020 |
| Vacant | January 31, 2024* | |||
| Vacant | January 31, 2030* |
*Indicates the date of term expiration for the individual nominated to this vacant position.
Nominated Members
President Donald Trump had nominated Marvin Goodfriend and Nellie Liang to fill the remaining two vacancies. Mr. Goodfriend and Ms. Liang have had hearings but never received a Senate vote.[9] Liang withdrew herself as a nominee on January 7, 2019, after months passed without the Republican-led Senate granting her a hearing.[10] Trump then nominated Stephen Moore[11] and, later, Herman Cain [12]. Both Cain and Moore later withdrew their names from consideration.[13][14]