Federal Reserve Board announces reappointment of Reserve Bank presidents and first vice presidents | Metals Mine

  • Federal Reserve Board announces reappointment of Reserve Bank presidents and first vice presidents

    From federalreserve.gov

    Following a comprehensive review by the boards of directors of the regional Reserve Banks, and the unanimous concurrence of Federal Reserve Board members, the Federal Reserve on Thursday announced the reappointment of Federal Reserve Bank presidents and first vice presidents. By law, all Reserve Bank presidents and first vice presidents serve five-year terms, with each of the current terms expiring on February 28, 2026. In December 2024, the board of directors of each Reserve Bank, representing a wide range of business and community leaders across each district, started a process to assess their president and first ... (full story)

Added at 3:01pm

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Trader#8404
Dec 11, 2025 3:18pm
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What timing.

Compare two worlds:
1.No announcement, lots of chatter about Trump/Hassett replacing key people and forcing 50bp cuts.
2.This world: all current regional presidents re-upped, Board unanimously approves, terms locked in until 2031.

In the second world:
•The extreme deep-easing scenario (immediate 50bp cuts because the White House wants it) is less plausible.
•The people voting on policy are broadly the same mix who:
•Took rates up,
•Then cut cautiously this year,
•Have been talking about data dependence and inflation risk.

So versus that scary “politically captured Fed” fear, this announcement is hawkish by comparison, or at least less-dovish-than-feared.

But note: it’s hawkish only relative to a tail risk, not relative to the current baseline of “slow easing as data allow”. Strange times we are living in. This particular announcement is timed and feels political to preserve their “independence “
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Trader#94B9
Dec 11, 2025 3:25pm
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if the last five years are anything to go by then the bubble is forming nicely, the everything rally continues!!!!
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