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Federal Reserve Board members have historically often resigned before completing their full terms.

Drawn from what Josh Barro said

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government What states are for and what they are worse at than markets and networks: legitimacy, moral hazard, and who may be entrusted with power.

What Josh Barro actually said

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  1. Josh Barro

    Writes Very Serious, a newsletter on politics

    Federal Reserve Board members have often resigned their positions well before their 14-year terms expired, since that's quite a long time to spend in one position in government.

Added to korrents 15 May 2026 · How quotes work · Something wrong? Tell us

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