👀👀👉Federal Reserve Extends Terms for 11 Regional Presidents
The Federal Reserve’s Board of Governors voted unanimously to reappoint the existing regional Reserve Bank presidents to new five‑year terms that begin on March 1, 2026. By law, these presidents serve five‑year terms that all expire at the end of February in years ending in 1 or 6, so the board periodically votes to extend or replace them.
Atlanta Fed President Raphael Bostic had already announced that he will retire at the end of his current term in February, so he is not being reappointed to a new term. Because of that planned retirement, the reappointment action effectively covers 11 sitting Reserve Bank presidents rather than all 12, with a search under way for Bostic’s successor in Atlanta.
