O:L4YOL4YO0 8 C0 4.xaxd 16 1 (1) the Chairman of the Board of Governors of 2 the Federal Reserve System; 3 (2) the Secretary; 4 (3) the Director of' the Federal Home Finance 5 Agency; 6 (4) the Chairman of' the Securities Exchange 7 Commission; and 8 (5) the Secretary of' Housing and Urban Devel- 9 opinehr. 10 (C) CHAIRPERSON. The chairperson of' the Financial 11 Stability Oversight Board shall be elected by the members 12 of' the Board from among the members other than the See- 13 retmy. 14 (d) MEET?NGs.--The Financial Stability Oversight 15 Board shall meet 2 weeks after the first exercise of the 16 purchase authority of the SeercrafT under this Act, and 17 monthly thereafter. 18 (e) ADD?T?ONX? AUTHO?TmS.--In addition to the 19 responsibilities described in subsection (a), the Financial 20 Stability Oversight Board shall have the authority to en- 21 sure that the policies implemented by the SecretroT are 22 (1) in accordance with the purposes of this Act; 23 (2) in the economic interests of the United 24 States; and
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