The Federal Reserve announces the reappointment of 11 Regional Federal Reserve Bank Presidents



The Federal Reserve announced the reappointment of 11 Regional Federal Reserve Bank Presidents. While this is largely a formality, the Federal Reserve Board indeed has a say in the appointment of Regional Reserve Bank Presidents.

In any case, all Regional Reserve Bank Presidents have been unanimously approved for a five-year term. If Trump can control the Federal Reserve Board, and these board members can further influence the appointment of regional presidents, then controversies may arise, which could undoubtedly lead to truly dramatic scenes.

In short, this matter can be safely ignored for the next five years.
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