jerome speaking on payment

The chairman of the Federal Reserve Board earns a salary of around $190,000. If they need to sell something, they have to clear it for 45 days. If their family expenses exceed their salary, they have to sell it. The speaker believes this is a fair salary for the job. So what is the salary of the chairman of the Federal Reserve Board? It's around $190,000, I believe. So you live on $190,000. If you need to sell something, what do you do? You have to clear it for 45 days? That's right. If we have family expenses, if we have them that exceed my salary, then we have to sell it. Do you think that's a fair salary for the job? I do.