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flag The Fed reappointed 11 regional bank presidents for five-year terms, maintaining stability amid political pressure.

flag The Federal Reserve's Board of Governors unanimously reappointed 11 of its 12 regional bank presidents for five-year terms, effective March 1, 2026, with Atlanta Fed President Raphael Bostic stepping down without a successor named. flag The decision, made ahead of the usual timeline, reflects continued institutional stability amid political pressure, including calls from President Trump and Treasury Secretary Scott Bessent for greater presidential influence and a proposed rule requiring future presidents to reside in their districts. flag All three Fed governors appointed by Trump supported the reappointments, maintaining unity. flag The move underscores the Fed’s commitment to independence, even as its structure and leadership face scrutiny.

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