Membership of the Board of Governors of the Federal Reserve System, 1913-2001

Federal Reserve Bulletin, August, 2001

APPOINTIVE MEMBERS(1)

                         Federal Reserve   Date of initial
         Name               District       oath of office

Charles S. Hamlin        Boston            Aug. 10, 1914
Paul M. Warburg          New York          Aug. 10, 1914
Frederic A. Delano       Chicago           Aug. 10, 1914
W.P.G. Harding           Atlanta           Aug. 10, 1914
Adolph C. Miller         San Francisco     Aug. 10, 1914
Albert Strauss           New York          Oct. 26, 1918
Henry A. Moehlenpah      Chicago           Nov. 10, 1919
Edmund Platt             New York          June 8, 1920
David C. Wills           Cleveland         Sept. 29, 1920
John R. Mitchell         Minneapolis       May 12, 1921
Milo D. Campbell         Chicago           Mar. 14, 1923
Daniel R. Crissinger     Cleveland         May 1, 1923
George R. James          St. Louis         May 14, 1923
Edward H. Cunningham     Chicago           May 14, 1923
Roy A. Young             Minneapolis       Oct. 4, 1927
Eugene Meyer             New York          Sept. 16, 1930
Wayland W. Magee         Kansas City       May 18, 1931
Eugene R. Black          Atlanta           May 19, 1933
M.S. Szymczak            Chicago           June 14, 1933
J.J. Thomas              Kansas City       June 14, 1933
Marriner S. Eccles       San Francisco     Nov. 15, 1934
Joseph A. Broderick      New York          Feb. 3, 1936
John K. McKee            Cleveland         Feb. 3, 1936
Ronald Ransom            Atlanta           Feb. 3, 1936
Ralph W. Morrison        Dallas            Feb. 10, 1936
Chester C. Davis         Richmond          June 25, 1936
Ernest G. Draper         New York          Mar. 30, 1938
Rudolph M. Evans         Richmond          Mar. 14, 1942
James K. Vardaman, Jr.   St. Louis         Apr. 4, 1946
Lawrence Clayton         Boston            Feb. 14, 1947
Thomas B. McCabe         Philadelphia      Apr. 15, 1948
Edward L. Norton         Atlanta           Sept. 1, 1950
Oliver S. Powell         Minneapolis       Sept. 1, 1950
Wm. McC. Martin, Jr.     New York          April 2, 1951
A.L. Mills, Jr.          San Francisco     Feb. 18, 1952
J.L. Robertson           Kansas City       Feb. 18, 1952
C. Canby Balderston      Philadelphia      Aug. 12, 1954
Paul E. Miller           Minneapolis       Aug. 13, 1954
Chas. N. Shepardson      Dallas            Mar. 17, 1955
G.H. King, Jr.           Atlanta           Mar. 25, 1959
George W. Mitchell       Chicago           Aug. 31, 1961
J. Dewey Daane           Richmond          Nov. 29, 1963
Sherman J. Maisel        San Francisco     Apr. 30, 1965
Andrew F. Brimmer        Philadelphia      Mar. 9, 1966
William W. Sherrill      Dallas            May 1, 1967
Arthur F. Burns          New York          Jan. 31, 1970
John E. Sheehan          St. Louis         Jan. 4, 1972
Jeffrey M. Bucher        San Francisco     June 5, 1972
Robert C. Holland        Kansas City       June 11, 1973
Henry C. Wallich         Boston            Mar. 8, 1974
Philip E. Coldwell       Dallas            Oct. 29, 1974
Philip C. Jackson, Jr.   Atlanta           July 14, 1975
J. Charles Partee        Richmond          Jan. 5, 1976
Stephen S. Gardner       Philadelphia      Feb. 13, 1976
David M. Lilly           Minneapolis       June 1, 1976
G. William Miller        San Francisco     Mar. 8, 1978
Nancy H. Teeters         Chicago           Sept. 18, 1978
Emmett J. Rice           New York          June 20, 1979
Frederick H. Schultz     Atlanta           July 27, 1979
Paul A. Volcker          Philadelphia      Aug. 6, 1979
Lyle E. Gramley          Kansas City       May 28, 1980
Preston Martin           San Francisco     Mar. 31, 1982
Martha R. Seger          Chicago           July 2, 1984
Wayne D. Angell          Kansas City       Feb. 7, 1986
Manuel H. Johnson        Richmond          Feb. 7, 1986
H. Robert Heller         San Francisco     Aug. 19, 1986
Edward W. Kelley, Jr.    Dallas            May 26, 1987
Alan Greenspan           New York          Aug. 11, 1987
John P. LaWare           Boston            Aug. 15, 1988
David W. Mullins, Jr.    St. Louis         May 21, 1990
Lawrence B. Lindsey      Richmond          Nov. 26, 1991
Susan M. Phillips        Chicago           Dec. 2, 1991
Alan S. Blinder          Philadelphia      June 27, 1994
Janet L. Yellen          San Francisco     Aug. 12, 1994
Laurence H. Meyer        St. Louis         June 24, 1996
Alice M. Rivlin          Philadelphia      June 25, 1996
Roger W. Ferguson, Jr.   Boston            Nov. 5, 1997
Edward M. Gramlich       Richmond          Nov. 5, 1997

                         Other dates and information relating
         Name                     to membership(2)

Charles S. Hamlin        Reappointed in 1916 and 1926.
                           Served until Feb. 3, 1936.(3)
Paul M. Warburg          Term expired Aug. 9, 1918.
Frederic A. Delano       Resigned July 21, 1918.
W.P.G. Harding           Term expired Aug. 9, 1922.
Adolph C. Miller         Reappointed in 1924. Reappointed in
                           1934 from the Richmond District.
                           Served until Feb. 3, 1936.(3)
Albert Strauss           Resigned Mar. 15, 1920.
Henry A. Moehlenpah      Term expired Aug. 9, 1920.
Edmund Platt             Reappointed in 1928. Resigned Sept.
                           14, 1930.
David C. Wills           Term expired Mar. 4, 1921.
John R. Mitchell         Resigned May 12, 1923.
Milo D. Campbell         Died Mar. 22, 1923.
Daniel R. Crissinger     Resigned Sept. 15, 1927.
George R. James          Reappointed in 1931. Served until
                           Feb. 3, 1936.(4)
Edward H. Cunningham     Died Nov. 28, 1930.
Roy A. Young             Resigned Aug. 31, 1930.
Eugene Meyer             Resigned May 10, 1933.
Wayland W. Magee         Term expired Jan. 24, 1933.
Eugene R. Black          Resigned Aug. 15, 1934.
M.S. Szymczak            Reappointed in 1936 and 1948.
                           Resigned May 31, 1961.
J.J. Thomas              Served until Feb. 10, 1936.(3)
Marriner S. Eccles       Reappointed in 1936, 1940, and 1944.
                           Resigned July 14, 1951.
Joseph A. Broderick      Resigned Sept. 30, 1937.
John K. McKee            Served until Apr. 4, 1946.(3)
Ronald Ransom            Reappointed in 1942. Died Dec. 2, 1947.
Ralph W. Morrison        Resigned July 9, 1936.
Chester C. Davis         Reappointed in 1940. Resigned Apr.
                           15, 1941.
Ernest G. Draper         Served until Sept. 1, 1950.(3)
Rudolph M. Evans         Served until Aug. 13, 1954.(3)
James K. Vardaman, Jr.   Resigned Nov. 30, 1958.
Lawrence Clayton         Died Dec. 4, 1949.
Thomas B. McCabe         Resigned Mar. 31, 1951.
Edward L. Norton         Resigned Jan. 31, 1952.
Oliver S. Powell         Resigned June 30, 1952.
Wm. McC. Martin, Jr.     Reappointed in 1956. Term expired
                           Jan. 31, 1970.
A.L. Mills, Jr.          Reappointed in 1958. Resigned Feb.
                           28, 1965.
J.L. Robertson           Reappointed in 1964. Resigned Apr.
                           30, 1973.
C. Canby Balderston      Served through Feb. 28, 1966.
Paul E. Miller           Died Oct. 21, 1954.
Chas. N. Shepardson      Retired Apr. 30, 1967.
G.H. King, Jr.           Reappointed in 1960. Resigned Sept.
                           18, 1963.
George W. Mitchell       Reappointed in 1962. Served until
                           Feb. 13, 1976.(3)
J. Dewey Daane           Served until Mar. 8, 1974.(3)
Sherman J. Maisel        Served through May 31, 1972.
Andrew F. Brimmer        Resigned Aug. 31, 1974.
William W. Sherrill      Reappointed in 1968. Resigned Nov.
                           15, 1971.
Arthur F. Burns          Term began Feb. 1, 1970. Resigned
                           Mar. 31, 1978.
John E. Sheehan          Resigned June 1, 1975.
Jeffrey M. Bucher        Resigned Jan. 2, 1976.
Robert C. Holland        Resigned May 15, 1976.
Henry C. Wallich         Resigned Dec. 15, 1986.
Philip E. Coldwell       Served through Feb. 29, 1980.
Philip C. Jackson, Jr.   Resigned Nov. 17, 1978.
J. Charles Partee        Served until Feb. 7, 1986.(3)
Stephen S. Gardner       Died Nov. 19, 1978.
David M. Lilly           Resigned Feb. 24, 1978.
G. William Miller        Resigned Aug. 6, 1979.
Nancy H. Teeters         Served through June 27, 1984.
Emmett J. Rice           Resigned Dec. 31, 1986.
Frederick H. Schultz     Served through Feb. 11, 1982.
Paul A. Volcker          Resigned August 11, 1987.
Lyle E. Gramley          Resigned Sept. 1, 1985.
Preston Martin           Resigned April 30, 1986.
Martha R. Seger          Resigned March 11, 1991.
Wayne D. Angell          Served through Feb. 9, 1994.
Manuel H. Johnson        Resigned August 3, 1990.
H. Robert Heller         Resigned July 31, 1989.
Edward W. Kelley, Jr.    Reappointed in 1990.
Alan Greenspan           Reappointed in 1992.
John P. LaWare           Resigned April 30, 1995.
David W. Mullins, Jr.    Resigned Feb. 14, 1994.
Lawrence B. Lindsey      Resigned Feb. 5, 1997.
Susan M. Phillips        Served through June 30, 1998.
Alan S. Blinder          Term expired Jan. 31, 1996.
Janet L. Yellen          Resigned Feb. 17, 1997.
Laurence H. Meyer
Alice M. Rivlin          Resigned July 16, 1999.
Roger W. Ferguson, Jr.   Reappointed in 2001.
Edward M. Gramlich

Chairmen(4)

Charles S. Hamlin        Aug. 10, 1914-Aug. 9, 1916
W.P.G. Harding           Aug. 10, 1916-Aug. 9, 1922
Daniel R. Crissinger     May 1, 1923-Sept. 15, 1927
Roy A. Young             Oct. 4, 1927-Aug. 31, 1930
Eugene Meyer             Sept. 16, 1930-May 10, 1933
Eugene R. Black          May 19, 1933-Aug. 15, 1934
Marriner S. Eccles       Nov. 15, 1934-Jan. 31, 1948(5)
Thomas B. McCabe         Apr. 15, 1948-Mar. 31, 1951
Wm. McC. Martin, Jr.     Apr. 2, 1951-Jan. 31, 1970
Arthur F. Burns          Feb. 1, 1970-Jan. 31, 1978
G. William Miller        Mar. 8, 1978-Aug. 6, 1979
Paul A. Volcker          Aug. 6, 1979-Aug. 11, 1987
Alan Greenspan           Aug. 11, 1987-(6)
Frederic A. Delano       Aug. 10, 1914-Aug. 9, 1916
Paul M. Warburg          Aug. 10, 1916-Aug. 9, 1918
Albert Strauss           Oct. 26, 1918-Mar. 15, 1920
Edmund Platt             July 23, 1920-Sept. 14, 1930
J.J. Thomas              Aug. 21, 1934-Feb. 10, 1936
Ronald Ransom            Aug. 6, 1936-Dec. 2, 1947
C. Canby Balderston      Mar. 11, 1955-Feb. 28, 1966
J.L. Robertson           Mar. 1, 1966-Apr. 30, 1973
George W. Mitchell       May 1, 1973-Feb. 13, 1976
Stephen S. Gardner       Feb. 13, 1976-Nov. 19, 1978
Frederick H. Schultz     July 27, 1979-Feb. 11, 1982
Preston Martin           Mar. 31, 1982-Apr. 30, 1986
Manuel H. Johnson        Aug. 4, 1986-Aug. 3, 1990
David W. Mullins, Jr.    July 24, 1991-Feb. 14, 1994
Alan S. Blinder          June 27, 1994-Jan. 31, 1996
Alice M. Rivlin          June 25, 1996-July 16, 1999
Roger W. Ferguson, Jr.   Oct. 5, 1999-

EX-OFFICIO MEMBERS(1)

Secretaries of the Treasury

W.G. McAdoo             Dec. 23, 1913-Dec. 15, 1918
Carter Glass            Dec. 16, 1918-Feb. 1, 1920
David F. Houston        Feb. 2, 1920-Mar. 3, 1921
Andrew W. Mellon        Mar. 4, 1921-Feb. 12, 1932
Ogden L. Mills          Feb. 12, 1932-Mar. 4, 1933
William H. Woodin       Mar. 4, 1933-Dec. 31, 1933
Henry Morgenthau, Jr.   Jan. 1, 1934-Feb. 1, 1936

Comptrollers of the Currency

John Skelton Williams   Feb. 2, 1914-Mar. 2, 1921
Daniel R. Crissinger    Mar. 17, 1921-Apr. 30, 1923
Henry M. Dawes          May 1, 1923-Dec. 17, 1924
Joseph W. McIntosh      Dec. 20, 1924-Nov. 20, 1928
J.W. Pole               Nov. 21, 1928-Sept. 20, 1932
J.F.T. O'Connor         May 11, 1933-Feb. 1, 1936

(1.) Under the provisions of the original Federal Reserve Act,
the Federal Reserve Board was composed of seven members,
including five appointive members, the Secretary of the Treasury,
who was ex-officio chairman of the Board, and the Comptroller of
the Currency. The original term of office was ten years, and the
five original appointive members had terms of two, four, six,
eight, and ten years respectively. In 1922 the number of
appointive members was increased to six, and in 1933 the term of
office was increased to twelve years. The Banking Act of 1935,
approved Aug. 23, 1935, changed the name of the Federal Reserve
Board to the Board of Governors of the Federal Reserve System
and provided that the Board should be composed of seven appointive
members; that the Secretary of the Treasury and the Comptroller of
the Currency should continue to serve as members until Feb. 1,
1936; that the appointive members in office on the date of that
act should continue to serve until Feb. 1, 1936, or until their
successors were appointed and had qualified; and that thereafter
the terms of members should be fourteen years and that the
designation of Chairman and Vice Chairman of the Board should be
for a term of four years.

(2.) Date after words "Resigned" and "Retired" denotes final day
of service.

(3.) Successor took office on this date.

(4.) Chairman and Vice Chairman were designated Governor and Vice
Governor before Aug. 23, 1935.

(5.) Served as Chairman Pro Tempore from February 3, 1948, to
April 15, 1948.

(6.) Served as Chairman Pro Tempore from March 3, 1996, to
June 20, 1996.