Explore the history of Federal Reserve leadership and current FOMC members
Current Federal Funds Rate
4.00
%
Hike +0.25%
FOMC 2026-09-16
Tightening
Target Range Upper Limit (DFEDTARU)
What is the Federal Reserve?
The Federal Reserve System is the central bank of the United States. It was created by Congress in 1913 to provide the nation with a safer, more flexible, and more stable monetary and financial system.
Key Functions:
Conducting monetary policy
Supervising and regulating banks
Maintaining financial system stability
Providing banking services
What is the FOMC?
The Federal Open Market Committee (FOMC) is the monetary policymaking body of the Federal Reserve. It meets eight times a year to set the target federal funds rate.
Composition:
7 Board of Governors members
NY Fed President (permanent)
4 rotating regional presidents
FOMC Voting Rotation
The FOMC has 12 voting members. The 7 Board governors and NY Fed president always vote. The remaining 4 votes rotate annually among the other 11 regional Fed presidents.
Federal Reserve Chairs
17 Chairs in History
Present
Kevin Warsh
2026 - Present (0Years)
Height:183cm
17th Fed Chair. Former Fed Governor (2006-2011) and youngest appointee in Fed history at 35. Nominated by President Trump in January 2026 and sworn in as Chair in May 2026.
Federal Funds Rate by Fed Chair
Historical Federal Funds Rate during each Fed Chair's tenure. The colored bands indicate each chair's term period.
Height vs Interest Rate Correlation
An interesting analysis of the correlation between Fed Chairs' heights and peak interest rates during their terms.
Correlation Coefficient
0.674
Strong Positive Correlation
Key Insight
Paul Volcker, the tallest Fed Chair at 201cm, also had the highest peak rate at 19.1%
Tallest
Volcker
201cm / 19.1%
Shortest
Yellen
160cm / 1.5%
* This is a fun statistical analysis and does not imply causation.
Data Disclaimer: Data sourced from the Federal Reserve. Member information may change with appointments and rotations.