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The Board of Governors of the Federal Reserve agreed to re-elect 11 regional Federal Reserve governors for a term of five years. The Federal Reserve said on Thursday local time that the decision was made after each regional Federal Reserve Board carried out a thorough evaluation of the governors and “unanimous approval” of the Federal Reserve Board of Governors. According to the law, the term of office of all regional Federal Reserve governors and first deputy governors is five years. The current term expires on February 28, 2026. This temporarily addresses the key issues surrounding the future of the Federal Reserve's Decision Committee.

Zhitongcaijing·12/12/2025 04:57:00
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The Board of Governors of the Federal Reserve agreed to re-elect 11 regional Federal Reserve governors for a term of five years. The Federal Reserve said on Thursday local time that the decision was made after each regional Federal Reserve Board carried out a thorough evaluation of the governors and “unanimous approval” of the Federal Reserve Board of Governors. According to the law, the term of office of all regional Federal Reserve governors and first deputy governors is five years. The current term expires on February 28, 2026. This temporarily addresses the key issues surrounding the future of the Federal Reserve's Decision Committee.