---
kind: "section"
citation: "12 U.S.C. § 245"
title: "12"
title_heading: "Banks and Banking"
number: "245"
heading: "Vacancies during recess of Senate"
release: "119-102"
date: "2026-07-12"
url: "https://uscodex.org/usc/12/245"
units:
  - "Chapter 3 — Federal Reserve System"
  - "Subchapter II — Board of Governors of the Federal Reserve System"
---

# §245. Vacancies during recess of Senate


The President shall have power to fill all vacancies that may happen on the [Board](/usc/12/221a.md?p=a) of Governors of the Federal Reserve System during the recess of the Senate by granting commissions which shall expire with the next session of the Senate.


## Source credit

(Dec. 23, 1913, ch. 6, § 10 (par.), 38 Stat. 260; June 3, 1922, ch. 205, 42 Stat. 620; Aug. 23, 1935, ch. 614, title II, § 203(a), 49, Stat. 704.)

## Notes

### Editorial Notes

### Codification

Section is comprised of fifth par. of section 10 of act Dec. 23, 1913. For classification to this title of other pars. of section 10, see Codification note set out under section 241 of this title.

### Statutory Notes and Related Subsidiaries

### Change of Name

Section 203(a) of act Aug. 23, 1935, changed name of Federal Reserve Board to Board of Governors of the Federal Reserve System.