Vice President Of Construction average salary is $118,082, median salary is $102,435 with a salary range from $60,000 to $171,454. Vice President Of Construction salaries are collected from government agencies and companies. Each salary is associated with a real job position.
What is the purpose of the Federal Reserve System? The Federal Reserve System, often referred to as the Federal Reserve or simply the Fed, is the central bank of the United States. It was created by the Congress to provide the nation with a safer, more flexible, and more stable monetary and financial system. The Federal Reserve was created on December 23, 1913, when President Woodrow Wilson signed the Federal Reserve Act into law. Today, the Federal Reserve's responsibilities fall into four general areas.
As far as the terms of the Federal Reserve governors, they agreed on staggered terms and extended them from the six or eight years in the approved bills to ten to ensure no president could appoint all governors during a two-term presidency. The Federal Reserve Act was signed by President Wilson on December 23, 1913.BibliographyGlass, Carter. An Adventure in Constructive Finance. New York: Doubleday, Page and Co., 1927.arly on, Glass had suggested that the comptroller of the currency perform a coordinating function over the system, but Wilson favored a central board. A provision creating the Federal Reserve Board was added to exercise supervisory authority over the banks.