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Fed's Waller remarks limited to payments system, not monpol or current economy
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Dr. Raphael W. Bostic, president and chief executive officer of the Federal Reserve Bank of Atlanta, today announced his intention to retire at the end of his current term, which officially concludes on February 28, 2026. President Bostic has served with distinction since June 5, 2017, as the 15th president and chief executive officer of the Atlanta Fed. He is the first African American and openly gay president of a regional Federal Reserve Bank in its 111-year history. "It's been my distinct honor and privilege to lead the Atlanta Fed for these past eight and a half years. I feel incredibly fortunate to have worked with the Atlanta Fed's outstanding staff to fulfill the Federal Reserve's mission and serve the Sixth District and the American people," Bostic said while reflecting on his term as president. "I'm proud of what we accomplished during my tenure to turn the lofty goal of an economy that works for everyone into more of a reality, and I look forward to discovering new ways to advance that bold vision in my next chapter." In his role, President Bostic is responsible for overseeing all of the Bank's activities, including monetary policy, bank supervision, and payment services. He serves on the Federal Open Market Committee, the monetary policymaking body of the Federal Reserve System. "It has been a privilege to serve alongside President Bostic," Federal Reserve Board Chair Jerome H. Powell said. "His perspective has enriched the Federal Open Market Committee's understanding of our dynamic economy. And his steady voice has exemplified the best of public servicegrounded in analysis, informed by experience, and guided by purpose. His leadership has strengthened our institution and advanced the Federal Reserve's mission." The Federal Reserve Bank of Atlanta's board of directors will form a search committee comprised of non-banking members of the Atlanta Fed's board of directors to conduct a nationwide search for the next president of the Federal Reserve Bank of Atlanta, consistent wi Atlanta Fed: Fed's Bostic to retire on February 28th, 2026, at the end of his current five-year term. The Atlanta Fed will form a search committee for Fed's Bostic's successor.
Feds Williams: 'Will Not Be Long' Before Reserves At 'Ample Level - Repeats Fed Close To Desired Level For Bank Reserves
Williams: Remarks at the 2025 U.S. Treasury Market Conference, Federal Reserve Bank of New York, New York City On behalf of the New York Fed, let me welcome you all to this years U.S. Treasury Market Conference. Many thanks to the distinguished speakers and panelists for joining us here, and to the event organizers for putting together todays outstanding agenda. Im looking forward to a valuable and productive conversation. This gathering is a recurring calendar item every fall. But the topics that we discuss each year do not stand alone. Think of it as leveling up in a video gamewhich is one of my favorite pastimes by the way, or dare I say, present times. At each conference, we advance our understanding of the Treasury market to the next level. And in the genre of gaming, this game is multiplayer. Its remarkable to think about what weve accomplished in this decade-long enterprise of interagency collaboration. This work continues to be imperative, so we must keep playing. I mean that in the working sense, of course. Before I keep going, I must give the standard Fed disclaimer that the views I express today are mine alone and do not necessarily reflect those of the Federal Open Market Committee (FOMC) or others in the Federal Reserve System.
WH Press Sec. Leavitt: October CPI and jobs data likely never to be released. WH Press Sec. Leavitt: The Federal statistical system may have been permanently damaged.