<Table> <Tr> <Th_colspan="2"> Chair of the Board of Governors of the Federal Reserve System </Th> </Tr> <Tr> <Td_colspan="2"> Seal of the Federal Reserve Board of Governors </Td> </Tr> <Tr> <Td_colspan="2"> Flag of the Federal Reserve System </Td> </Tr> <Tr> <Td_colspan="2"> Incumbent Janet Yellen since February 1, 2014 </Td> </Tr> <Tr> <Th> Appointer </Th> <Td> President of the United States </Td> </Tr> <Tr> <Th> Formation </Th> <Td> August 10, 1914; 103 years ago (1914 - 08 - 10) </Td> </Tr> <Tr> <Th> First holder </Th> <Td> Charles Sumner Hamlin </Td> </Tr> <Tr> <Th> Salary </Th> <Td> $201,700 (2017) </Td> </Tr> <Tr> <Th> Website </Th> <Td> Bios </Td> </Tr> </Table> <Tr> <Th_colspan="2"> Chair of the Board of Governors of the Federal Reserve System </Th> </Tr> <Tr> <Td_colspan="2"> Seal of the Federal Reserve Board of Governors </Td> </Tr> <Tr> <Td_colspan="2"> Flag of the Federal Reserve System </Td> </Tr>

Who selects the chairperson of the federal reserve system