Scott Horsley
👤 SpeakerAppearances Over Time
Podcast Appearances
Scott Horsley, NPR News, Washington.
Rafael Bostic has served as president of the Atlanta Fed for the last eight years.
In addition to taking part in the central bank's interest rate decisions, he's overseen activities of the bank in a region that covers all or part of six southeastern states.
The terms of all 12 regional Fed presidents expire in February.
Those who decide to stay on will have to be confirmed by the Fed's Board of Governors here in Washington.
While President Trump will choose the next Fed chairman and any new members of the governing board, leaders of the regional Fed banks are chosen by regional boards of directors, typically drawn from local businesses.
Regional Fed bank presidents get a rotating vote on interest rates.
The president of the Atlanta Fed's next turn comes in 2027.
Scott Horsley, NPR News, Washington.
Rafael Bostic has served as president of the Atlanta Fed for the last eight years.
In addition to taking part in the central bank's interest rate decisions, he's overseen activities of the bank in a region that covers all or part of six southeastern states.
The terms of all 12 regional Fed presidents expire in February.
Those who decide to stay on will have to be confirmed by the Fed's Board of Governors here in Washington.
While President Trump will choose the next Fed chairman and any new members of the governing board, leaders of the regional Fed banks are chosen by regional boards of directors, typically drawn from local businesses.
Regional Fed bank presidents get a rotating vote on interest rates.
The president of the Atlanta Fed's next turn comes in 2027.
Scott Horsley, NPR News, Washington.
The six-week shutdown has been a drag on the U.S.
Congressional forecasters estimate it will shave about 1.5 percentage points off the annual growth rate in fourth-quarter GDP.