Ten Fed presidents handed new terms

Terms run to end of February, 2021

Federal Reserve
The Federal Reserve's eagle. Copyright Dan Hinge

Ten Federal Reserve Bank presidents were reappointed last week, along with 10 first vice-presidents, after winning the approval of their directors and the board of governors in Washington, DC.

All presidents and first vice-presidents serve five-year terms that expire at the end of February in "years ending in 1 or 6". Their new terms will therefore expire on February 28, 2021.

The two most recent reserve bank presidents, Neel Kashkari of the Minneapolis Fed and Robert Kaplan of the Dallas Fed

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