1. European Central Bank and the Federal Reserve System
... the United States, the members of the Executive Board are appointed. However, the appointees are selected with the unanimous consent of the member states of the euro area after consultations with the European Parliament and the national banks' governors. Here is a major difference from the United States - the Executive Board of the ECB is selected after consultations among member states, rather than appointed by one person - the President - as it is in the United States. The ... . http://www.federalreserve.gov/ Federal Reserve Bank of San Francisco, http://www.frbsf.org/publications/fede...
- Word Count: 2990
- Approx Pages: 12
- Has Bibliography
- Grade Level: Undergraduate