The Board of Governors of the Federal Reserve System Does

question 253

Multiple Choice

The Board of Governors of the Federal Reserve System does NOT

• A) consist of members whose appointments have been approved by the Senate.
• B) include the presidents of the twelve Federal Reserve Banks.
• C) consist of seven members with fourteen- year terms.
• D) utilize a system of rotations so that a position comes open every two years.

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Definitions:

Federal Courts

Courts established by the federal government of a country that have jurisdiction over matters involving federal laws.

Civil Cases

Legal disputes between individuals or organizations that often involve issues of private law, such as contracts, property, and family relations.

Criminal Cases

Legal proceedings involving individuals charged with conducting activities deemed illegal by law, which are adjudicated in a court of law.

Federal Court Appointments

The process of naming judges to the federal judiciary, typically involving nomination by the President of the United States and confirmation by the Senate.