Federal Reserve Board: 11 out of 12 regional presidents are reappointed. The Atlanta Fed President, who opposed the rate cut, is about to leave. Bitcoin rebounds from 89,000 to around 91,000.
The Federal Reserve has 12 regional presidents, each serving a five-year term. The current term expires in March 2026, and historically, all incumbents have been reappointed by unanimous vote to maintain policy continuity. However, the Atlanta Fed President was not reappointed, as he opposed the rate cut at the previous Federal Reserve meeting.
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Federal Reserve Board: 11 out of 12 regional presidents are reappointed. The Atlanta Fed President, who opposed the rate cut, is about to leave. Bitcoin rebounds from 89,000 to around 91,000.
The Federal Reserve has 12 regional presidents, each serving a five-year term. The current term expires in March 2026, and historically, all incumbents have been reappointed by unanimous vote to maintain policy continuity. However, the Atlanta Fed President was not reappointed, as he opposed the rate cut at the previous Federal Reserve meeting.