This is the most expensive rug ever sold. This beautiful seventeenth century Persian rug sold for nearly $34 million today at a Sotheby's auction in New York City.
The current chair is Janet Yellen, who took over for Ben Bernanke on February 3, 2014. There are 12 regional Federal Reserve Banks located in major cities around the country that operate under the supervision of the Board of Governors.
Jerome Powell, has been tapped by President Trump as the next Chair of the Board of Governors of the Federal Reserve. Powell, who is a member of the Fed Board of Governors, will replace the current Chair Janet Yellen. Powell faced the Senate Banking, Housing and Urban Affairs Committee for his confirmation hearing on November 28, 2017.