The Changing Face of the Fed

http://graphics.wsj.com/fed-composition/

Above is a link for a very cool graph by the Wall Street Journal that shows the shifting background of Federal Reserve leadership.  Overtime the leadership of the Fed has moved from a majority of Bankers to now one mostly run by those with backgrounds in Academia and Research.  Yellen and Bernanke, the two most recent Chairs of the Fed have backgrounds in Academia.  A reason for this growing shift of more academic leadership, could be because of regulatory capture.  Those with a background in banking are more likely to return to banking or consulting after working at the Fed, than those with an academic background.  Look at Alan Greenspan, the former Chair of the Fed who had a background in banking and following his tenure as Chair of the Fed became a consultant to many investment firms and banks like Deutsche Bank.

Overall it's a pretty cool interactive graph that shows the changing nature of the Federal Reserve.