Fed Chair Powell Says He Makes a Fair Salary

The transcript discusses the salary of a Reserve Board member, which is around $190,000. It covers how the individual manages expenses that exceed this salary, including the need to sell assets and clear them for 45 days. The conversation concludes with an affirmation that the salary is considered fair for the job.

What is the approximate salary mentioned in the text?

How long do you have to clear something if you need to sell it?

What do you need to do if you have family expenses that exceed your salary?

What actions are suggested if the salary is not sufficient?

Do you think the salary mentioned is fair for the job? Why or why not?