FRB: Annual Report 2005, Members of the Board of Governors, 1913-2005

Appointed Members

Appointed Members of the Board of Governors
Name	Federal Reserve District	Date initially took oath of office	Other dates¹
Charles S. Hamlin	Boston	Aug. 10, 1914	Reappointed in 1916 and 1926. Served until Feb. 3, 1936.²
Paul M. Warburg	New York	Aug. 10, 1914	Term expired Aug. 9, 1918.
Frederic A. Delano	Chicago	Aug. 10, 1914	Resigned July 21, 1918.
W.P.G. Harding	Atlanta	Aug. 10, 1914	Term expired Aug. 9, 1922.
Adolph C. Miller	San Francisco	Aug. 10, 1914	Reappointed in 1924. Reappointed in 1934 from the Richmond District. Served until Feb. 3, 1936.²
Albert Strauss	New York	Oct. 26, 1918	Resigned Mar. 15, 1920.
Henry A. Moehlenpah	Chicago	Nov. 10, 1919	Term expired Aug. 9, 1920.
Edmund Platt	New York	June 8, 1920	Reappointed in 1928. Resigned Sept. 14, 1930.
David C. Wills	Cleveland	Sept. 29, 1920	Term expired Mar. 4, 1921.
John R. Mitchell	Minneapolis	May 12, 1921	Resigned May 12, 1923.
Milo D. Campbell	Chicago	Mar. 14, 1923	Died Mar. 22, 1923.
Daniel R. Crissinger	Cleveland	May 1, 1923	Resigned Sept. 15, 1927.
George R. James	St. Louis	May 14, 1923	Reappointed in 1931. Served until Feb. 3, 1936.³
Edward H. Cunningham	Chicago	May 14, 1923	Died Nov. 28, 1930.
Roy A. Young	Minneapolis	Oct. 4, 1927	Resigned Aug. 31, 1930.
Eugene Meyer	New York	Sept. 16, 1930	Resigned May 10, 1933.
Wayland W. Magee	Kansas City	May 18, 1931	Term expired Jan. 24, 1933.
Eugene R. Black	Atlanta	May 19, 1933	Resigned Aug. 15, 1934.
M.S. Szymczak	Chicago	June 14, 1933	Reappointed in 1936 and 1948. Resigned May 31, 1961.
J.J. Thomas	Kansas City	June 14, 1933	Served until Feb. 10, 1936.2
Marriner S. Eccles	San Francisco	Nov. 15, 1934	Reappointed in 1936, 1940, and 1944. Resigned July 14, 1951.
Joseph A. Broderick	New York	Feb. 3, 1936	Resigned Sept. 30, 1937.
John K. McKee	Cleveland	Feb. 3, 1936	Served until Apr. 4, 1946.²
Ronald Ransom	Atlanta	Feb. 3, 1936	Reappointed in 1942. Died Dec. 2, 1947.
Ralph W. Morrison	Dallas	Feb. 10, 1936	Resigned July 9, 1936.
Chester C. Davis	Richmond	June 25, 1936	Reappointed in 1940. Resigned Apr. 15, 1941.
Ernest G. Draper	New York	Mar. 30, 1938	Served until Sept. 1, 1950.²
Rudolph M. Evans	Richmond	Mar. 14, 1942	Served until Aug. 13, 1954.²
James K. Vardaman, Jr.	St. Louis	Apr. 4, 1946	Resigned Nov. 30, 1958.
Lawrence Clayton	Boston	Feb. 14, 1947	Died Dec. 4, 1949.
Thomas B. McCabe	Philadelphia	Apr. 15, 1948	Resigned Mar. 31, 1951.
Edward L. Norton	Atlanta	Sept. 1, 1950	Resigned Jan. 31, 1952.
Oliver S. Powell	Minneapolis	Sept. 1, 1950	Resigned June 30, 1952.
Wm. McC. Martin, Jr.	New York	Apr. 2, 1951	Reappointed in 1956. Term expired Jan. 31, 1970.
A.L. Mills, Jr.	San Francisco	Feb. 18, 1952	Reappointed in 1958. Resigned Feb. 28, 1965.
J.L. Robertson	Kansas City	Feb. 18, 1952	Reappointed in 1964. Resigned Apr. 30, 1973.
C. Canby Balderston	Philadelphia	Aug. 12, 1954	Served through Feb. 28, 1966.
Paul E. Miller	Minneapolis	Aug. 13, 1954	Died Oct. 21, 1954.
Chas. N. Shepardson	Dallas	Mar. 17, 1955	Retired Apr. 30, 1967.
G.H. King, Jr.	Atlanta	Mar. 25, 1959	Reappointed in 1960. Resigned Sept. 18, 1963.
George W. Mitchell	Chicago	Aug. 31, 1961	Reappointed in 1962. Served until Feb. 13, 1976.²
J. Dewey Daane	Richmond	Nov. 29, 1963	Served until Mar. 8, 1974.²
Sherman J. Maisel	San Francisco	Apr. 30, 1965	Served through May 31, 1972.
Andrew F. Brimmer	Philadelphia	Mar. 9, 1966	Resigned Aug. 31, 1974.
William W. Sherrill	Dallas	May 1, 1967	Reappointed in 1968. Resigned Nov. 15, 1971.
Arthur F. Burns	New York	Jan. 31, 1970	Term began Feb. 1, 1970. Resigned Mar. 31, 1978.
John E. Sheehan	St. Louis	Jan. 4, 1972	Resigned June 1, 1975.
Jeffrey M. Bucher	San Francisco	June 5, 1972	Resigned Jan. 2, 1976.
Robert C. Holland	Kansas City	June 11, 1973	Resigned May 15, 1976.
Henry C. Wallich	Boston	Mar. 8, 1974	Resigned Dec. 15, 1986.
Philip E. Coldwell	Dallas	Oct. 29, 1974	Served through Feb. 29, 1980.
Philip C. Jackson, Jr.	Atlanta	July 14, 1975	Resigned Nov. 17, 1978.
J. Charles Partee	Richmond	Jan. 5, 1976	Served until Feb. 7, 1986.²
Stephen S. Gardner	Philadelphia	Feb. 13, 1976	Died Nov. 19, 1978.
David M. Lilly	Minneapolis	June 1, 1976	Resigned Feb. 24, 1978.
G. William Miller	San Francisco	Mar. 8, 1978	Resigned Aug. 6, 1979.
Nancy H. Teeters	Chicago	Sept. 18, 1978	Served through June 27, 1984.
Emmett J. Rice	New York	June 20, 1979	Resigned Dec. 31, 1986.
Frederick H. Schultz	Atlanta	July 27, 1979	Served through Feb. 11, 1982.
Paul A. Volcker	Philadelphia	Aug. 6, 1979	Resigned August 11, 1987.
Lyle E. Gramley	Kansas City	May 28, 1980	Resigned Sept. 1, 1985.
Preston Martin	San Francisco	Mar. 31, 1982	Resigned April 30, 1986.
Martha R. Seger	Chicago	July 2, 1984	Resigned March 11, 1991.
Wayne D. Angell	Kansas City	Feb. 7, 1986	Served through Feb. 9, 1994.
Manuel H. Johnson	Richmond	Feb. 7, 1986	Resigned August 3, 1990.
H. Robert Heller	San Francisco	Aug. 19, 1986	Resigned July 31, 1989.
Edward W. Kelley, Jr.	Dallas	May 26, 1987	Resigned Dec. 31, 2001.
Alan Greenspan	New York	Aug. 11, 1987	Reappointed in 1992.
John P. LaWare	Boston	Aug. 15, 1988	Resigned April 30, 1995.
David W. Mullins, Jr.	St. Louis	May 21, 1990	Resigned Feb. 14, 1994.
Lawrence B. Lindsey	Richmond	Nov. 26, 1991	Resigned Feb. 5, 1997.
Susan M. Phillips	Chicago	Dec. 2, 1991	Served through June 30, 1998.
Alan S. Blinder	Philadelphia	June 27, 1994	Term expired Jan. 31, 1996.
Janet L. Yellen	San Francisco	Aug. 12, 1994	Resigned Feb. 17, 1997.
Laurence H. Meyer	St. Louis	June 24, 1996	Term expired Jan. 31, 2002.
Alice M. Rivlin	Philadelphia	June 25, 1996	Resigned July 16, 1999.
Roger W. Ferguson, Jr.	Boston	Nov. 5, 1997	Reappointed in 2001.
Edward M. Gramlich	Richmond	Nov. 5, 1997	Resigned August 31, 2005.
Susan S. Bies	Chicago	Dec. 7, 2001
Mark W. Olson	Minneapolis	Dec. 7, 2001
Ben S. Bernanke	Atlanta	Aug. 5, 2002	Resigned June 21, 2005.
Donald L. Kohn	Kansas City	Aug. 5, 2002

Note: Under the original Federal Reserve Act, the Federal Reserve Board was composed of five appointed members, the Secretary of the Treasury (ex officio chairman of the Board), and the Comptroller of the Currency. The original term of office was ten years; the five original appointed members had terms of two, four, six, eight, and ten years. In 1922 the number of appointed members was increased to six, and in 1933 the term of office was raised to twelve years. The Banking Act of 1935 changed the name to the Board of Governors of the Federal Reserve System and provided that the Board be composed of seven appointed members; that the Secretary of the Treasury and the Comptroller of the Currency continue to serve until Feb. 1, 1936; that the appointed members in office on Aug. 23, 1935, continue to serve until Feb. 1, 1936, or until their successors were appointed and had qualified; and that thereafter the terms of members be fourteen years and that the designation of Chairman and Vice Chairman of the Board be for four years.
1. Date following "Resigned" and "Retired" denotes final day of service. Return to table
2. Successor took office on this date.Return to table
3. Before Aug. 23, 1935, Chairmen and Vice Chairmen were designated Governor and Vice Governor.Return to table

Appointed Members--Continued
Name	Term
Chairmen¹
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, 1948²
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, 1987³

Vice Chairmen¹
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

1. Before Aug. 23, 1935, Chairmen and Vice Chairmen were designated Governor and Vice Governor.  Return to table
2. Served as Chairman Pro Tempore from February 3, 1948, to April 15, 1948.  Return to table
3. Served as Chairman Pro Tempore from March 3, 1996, to June 20, 1996.   Return to table

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Ex Officio Members

Ex Officio Members
Name	Term
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

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