 So of the seven, there's three from Trump and four from Biden. They serve 14-year terms, and they all have a vote. Chairman Powell is also one of the seven governors. He just happens to be the chairman or the chairperson. Well, when you look at some of the other governors, and this is what we watch, we read, what are they thinking? What are they saying? And this is very, very important. Fed Governor Michelle Bowman last week shared the following.