Core Viewpoint - The Federal Reserve announced the unanimous reappointment of 11 regional Federal Reserve Bank presidents for a five-year term starting March 1 next year, with the exception of the Atlanta Fed president who has announced retirement [1][3]. Group 1: Reappointment Details - The reappointments were made after a comprehensive evaluation by the regional Federal Reserve Board and received unanimous consent from the Federal Reserve Board [1][3]. - All regional Fed presidents and first vice presidents serve five-year terms, which will expire on February 28, 2026 [1][3]. - This decision addresses a key issue regarding the future composition of the Federal Reserve's monetary policy committee [1][3]. Group 2: Context and Implications - There were speculations among central bank observers that the reappointment process could be more contentious than usual due to significant changes sought by Trump-appointed governors [1][3]. - The voting on the reappointments gained importance following the resignation of Fed governor Adriana Kugler and Trump's attempt to dismiss Fed governor Lisa Cook in August [1][3]. - U.S. Treasury Secretary Scott Basset indicated plans to establish new residency requirements for future regional presidents, mandating at least three years of residency in their respective districts [1][3]. Group 3: Structure and Future Considerations - The 12 regional Fed presidents operate within a unique public-private structure, selected by independent boards from local communities but requiring approval from the Washington-based board appointed by the president [2][4]. - They hold significant management and operational responsibilities and have rotating voting rights in the Federal Open Market Committee, with the New York Fed president holding permanent voting rights [2][4]. - The Atlanta Fed president, Raphael Bostic, has announced his retirement at the end of his term in February next year, while the market awaits the White House's announcement on Trump's choice to succeed Powell, whose term ends in May [2][4].
美联储高层人事“软着陆”:11位地区主席获一致连任,内部角力暂告段落
Xin Lang Cai Jing·2025-12-11 23:39