if the federal reserve chair is considered a dove this means that she
Monetary hawk and dove The two terms are commonly used in the United States to describe members and nominees to the Federal Reserve Board of Governors, who have major influence on United States monetary policy both as Federal Reserve Governors and as members of the Federal Open Market Committee.[1][2] The terms are also used outside of the United States, in places such as the United Kingdom[3] and India.[4] The term "pigeon" has been used to describe individuals who take positions between those of hawks and doves,[1] although the term "centrist" is also used.
Federal Reserve Act The Federal Reserve Act (ch. 6, 38 Stat. 251, enacted December 23, 1913, 12 U.S.C. §§ 221 to 522) is an Act of Congress that created and established the Federal Reserve System (the central banking system of the United States), and which created the authority to issue Federal Reserve Notes (commonly known as the US Dollar) as legal tender. The Act was signed into law by President Woodrow Wilson.