At least 113 employees earning over Fed Yellen

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(Reuters) - The 113 highest income among the staff of the Washington headquarters of the Federal Reserve on average $ 246,506 per year, excluding bonuses and other benefits - about Janet Yellen, and Fed chief in the area, the rate doubled Top Government normal.

Yellen, whose content is set by Congress, earns $ 201,700 per year.

Details on the wages of the Fed were Reuters, provided in response to a request from the Freedom of Information Act data for all employees of the Executive Board of the Central Bank of the United States whose salaries exceed $ 130.810, which is the top of the pay scale of the state in most areas.

However, the central bank has no salaries at least $ 225,000 per year, with some exceptions. This is the first time the list was made public.

Republicans in the House of Representatives passed a bill that would force the Fed sponsored to present this information to the public openly.

Proponents say the Fed's major central bank in the world need the best talent, and noted that his expenses not covered by the taxpayer, but acquired by the income on securities. Critics, however, believe that the Fed has too much discretion.

"Without doubt, strengthens the case for more oversight," said Maggie Seidel, a spokesman for the New Jersey Republican Scott Garrett, a sponsor of the bill.

Until July 31, the Inspector General of the Federal Reserve tops the list with an annual salary of $ 312,000, followed by four Divisional Boards of the Central Bank, their lawyers and Chief Operating Officer, the $ 265,000 each earn base.

Despite the relatively high wages higher commission framework Fed, the average salary of all employees was $ 121,279, not including benefits, a number that is behind other regulators financiers is fallen.

A Securities and Exchange Commission, the average salary was $ 157,946 in 2013, while the Federal Deposit Insurance Corporation, which was $ 130,000. The average in Commodities Futures Trading Commission has $ 146,323.

Former Senator Ted Kaufman said it was important that the central bank is to recruit and retain talented employees who can bring you more in the private sector. The directors of the big investment banks, for example, typically earn a salary of about $ 250,000 and pulling in bonuses in good times can be double or triple that amount.

However, Democrat of Delaware, said the Fed monitoring cost a legitimate concern.

"In the private sector, every company has incentives to contain costs. As a government, we have the problem that there is no natural need to reduce costs to overcome," Kaufman said.

(Reporting by Michael Flaherty, Tim and Lisa Shumaker edited Ahmann)