Subject to the approval of the Board of Governors, the decision of cho

Subject to the approval of the Board of Governors, the decision of choosing the president of a district Federal Reserve Bank is made by

A) all nine district bank directors.
B) the six district bank directors elected by the member banks.
C) three district bank directors who are professional bankers.
D) district bank directors who are not professional bankers.
E) class A and class B directors.

ANSWER

D