Jerome H. Powell
Chair, Board of Governors
Board of Governors
11 reports
Federal Reserve System
Federated U.S. Central Bank Combining Board Governance and Regional Reserve Banks
Government · Hybrid structure · 24K employees · Washington, DC
12
Agency head span
6
Avg span
wide
3
Max depth
3 levels
Interactive org chart
Federal Reserve System organizational chart
Explore the agency leadership model, component structure, and reporting layers from official public sources.
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The Federal Reserve System is the U.S. central bank, governed by a Board of Governors and supported by 12 regional Federal Reserve Banks that together conduct monetary policy, supervision, and payment services.
What to model
Use the chart to test org decisions, not just view reporting lines
Start with the public baseline, then use the scenario views and source-backed changes to ask what happens when leadership, span, or team ownership shifts.
Scenario views in the chart
- Add Cross-System AI and Data Governance Role Model the addition of a senior-level AI and data governance office to coordinate analytics and data standards across the Board and Reserve Banks.
Atlas work this supports
- Compare public operating models Use this official-source baseline to compare agencies, components, reporting layers, and field-office networks.
- Model vacancies and transitions Create planning scenarios for acting leaders, new offices, component moves, and cross-agency coordination changes.
- Keep an official source trail Track source URLs, leadership updates, and agency structure changes in one Atlas workspace for review.
The people
Key leaders and offices
10 senior leadership roles or offices from official public sources. Use this section as a current agency-leadership index, not a private-company filing table.
Philip N. Jefferson
Vice Chair, Board of Governors
Board of Governors
0 reports
Michelle W. Bowman
Vice Chair for Supervision
Board of Governors
0 reports
Michael S. Barr
Governor
Board of Governors
0 reports
Lisa D. Cook
Governor
Board of Governors
0 reports
Christopher J. Waller
Governor
Board of Governors
0 reports
Patrick J. McClanahan
Chief Operating Officer
Board Operations
0 reports
Mark E. Van Der Weide
General Counsel
Legal
0 reports
Ann E. Misback
Secretary of the Board
Board Secretariat
0 reports
Mark Bialek
Inspector General
Office of Inspector General
0 reports
The operating model
How Federal Reserve System divides the work
3 offices, branches, or components organize the agency mission. Tile size scales with estimated staff where public estimates exist.
Board of Governors
2K employees
p1
Central governing body responsible for monetary policy, regulation, and oversight of the Federal Reserve System.
Federal Reserve Banks
22K employees
p11
Twelve regional Reserve Banks that serve as the operating arms of the Federal Reserve System.
Office of Inspector General
100 employees
p10
Provides independent audits, investigations, and oversight of Federal Reserve programs and operations.
The agency brief
What this U.S. agency structure tells us
The Federal Reserve System (FRS) is the central bank of the United States, created by Congress in 1913 to provide a safer, more flexible, and more stable monetary and financial system. Structurally, it is distinctive as a federated system combining a central governing body—the Board of Governors in Washington, DC—with 12 regional Federal Reserve Banks that operate across defined geographic districts. Authority is shared: the Board sets systemwide policy and regulation, while Reserve Banks execute operations, supervise institutions, and provide payment services regionally. The Federal Open Market Committee (FOMC), composed of Board members and rotating Reserve Bank presidents, is a unique interlocking body responsible for monetary policy decisions. This hybrid public structure balances national oversight with regional economic input, reinforcing independence from day-to-day political control while maintaining accountability to Congress and the public interest.
- Federated structure with 12 regional Reserve Banks
- Independent monetary authority within the federal government
- FOMC blends central and regional leadership
The comparison
Compare with related agencies
Compared with the U.S. Department of the Treasury, which is a traditional executive department headed by a Cabinet Secretary, the Federal Reserve System is more independent and federated, with shared governance between a central board and regional banks. Relative to other central banks such as the European Central …
Senior office count
Federal Reserve System
10
Reporting depth
Federal Reserve System
3 levels
Current signals
What changed recently
No recent leadership changes documented in the provided official sources for the current quarter.
Frequently Asked Questions
Who leads the Federal Reserve System?
The Federal Reserve System is led by the Chair of the Board of Governors, currently Jerome H. Powell.
What does the Federal Reserve System do?
The Federal Reserve conducts U.S. monetary policy, promotes financial stability, supervises and regulates banks, provides payment services, and supports consumer protection and community development.
What are the major offices or components of the Federal Reserve System?
The major components are the Board of Governors, the 12 Federal Reserve Banks, the Federal Open Market Committee, and advisory councils.
Who does the Federal Reserve System report to?
The Federal Reserve System is an independent agency within the federal government and reports to the U.S. Congress.
How can this org chart be used for planning or analysis?
The org chart helps policymakers and analysts understand governance, accountability, and coordination across the Board and regional Reserve Banks.
Sources
Reference
Cite this page
If you reference this page in research, analysis, or news writing, use one of the formats below. Citation includes the SEC filing source where applicable.
APA 7th
Creately. (2026). Federal Reserve System organizational structure. Creately. Retrieved , from https://creately.com/org-chart/us-government/federal-reserve-system/MLA 9th
"Federal Reserve System Organizational Structure." Creately, April 1, 2026, https://creately.com/org-chart/us-government/federal-reserve-system/. Accessed .Chicago 17
Creately. "Federal Reserve System Organizational Structure." Last modified April 1, 2026. https://creately.com/org-chart/us-government/federal-reserve-system/.Permanent URL: https://creately.com/org-chart/us-government/federal-reserve-system/ · last updated 2026-04-01