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.
Power of the Congress. Members of the Board of Governors of the Federal Reserve System are nominated by the President and confirmed by the United States Senate Committee on Banking, Housing and Urban Affairs (also known as the Senate Banking Committee).