Executive Order 8487—Designating the Vice Chairman of the Board of Governors of the Federal Reserve System
July 18, 1940
By virtue of and pursuant to the authority vested in me by section 10 of the Federal Reserve Act (38 Stat. 260) as amended by section 203(b) of the act of August 23, 1935 (49 Stat. 704), I hereby designate Ronald Ransom as Vice Chairman of the Board of Governors of the Federal Reserve System, to serve as such for a term of four years from August 6, 1940, unless and until his services as a member of said Board shall have sooner terminated.
FRANKLIN D ROOSEVELT
The White House,
July 18, 1940.
Franklin D. Roosevelt, Executive Order 8487—Designating the Vice Chairman of the Board of Governors of the Federal Reserve System Online by Gerhard Peters and John T. Woolley, The American Presidency Project https://www.presidency.ucsb.edu/node/210358