Boston Fed president resigns, citing health
Rosengren had been accused of conflicts of interest due to real estate holdings
The president of the Federal Reserve Bank of Boston will resign on September 30, ending his term nine months before his scheduled retirement. Eric Rosengren, the Boston Fed’s leader since July 2007, said worsening kidney disease had compelled him to leave office.
In his resignation letter to Federal Reserve chair Jerome Powell, Rosengren said the stress of dealing with the pandemic had taken a toll on his health. “Given the long hours and stress, regrettably my kidney function declined
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