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Fed Says All 12 Regional Bank Presidents Renominated to New Five-Year Terms

Por: The Wall Street Journal Politics January 22, 2021

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The Federal Reserve said Thursday that all 12 regional bank presidents and their current seconds-in-command are approved for new five-year terms. The little-known renomination process happens every five years. It is implemented by the boards that oversee the regional Fed banks and the Fed board in Washington. Fed governor Lael Brainard oversaw the process this time, while in the last cycle it was Jerome Powell, before he was elevated to Fed... + full article



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