MIL-OSI USA: Federal Reserve Board approves reappointment of Reserve Bank presidents and first vice presidents
Source: US State of New York Federal Reserve The Federal Reserve Board on Thursday announced the approval of the reappointment of 12 Federal Reserve Bank presidents and 11 first vice presidents, as previously made by their respective boards of directors.1 Each individual has been approved to serve a new five-year term beginning March 1, 2021. Under section 4 of the Federal Reserve Act, all Reserve Bank presidents and first vice presidents serve five-year terms that expire at the end of February in years ending in 1 or 6. Presidents and first vice presidents who take office in intervening year...
Source: foreignaffairs.co.nz