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Story perspectives

Federal Reserve Reappoints 11 Presidents Amid Rule Changes

12/12/2025

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Story summary
  • On December 11, 2025, the Federal Reserve reappointed 11 of its 12 regional bank presidents, unanimously by the Board of Governors.
  • Treasury Secretary Scott Bessent proposed that regional presidents reside in their districts for three years, as the administration presses to change reappointment rules.
  • The reappointments take effect March 1, 2026; Atlanta Federal Reserve President Raphael Bostic is retiring and was not reappointed.