The Federal Reserve Board announced the reappointment of Federal Reserve Bank presidents and first vice presidents following reviews by each regional Reserve Bank’s board of directors and unanimous concurrence by Board members. The new five-year terms begin on 1 March 2026, when the current terms expire on 28 February 2026. The review process, launched by Reserve Bank boards in December 2024, assessed presidents on district engagement, effectiveness as chief executive officer, and contributions to System-wide leadership, while first vice presidents were evaluated primarily in their chief operating officer role, including oversight of local operations and Federal Reserve System initiatives. Reappointed presidents are Susan M. Collins (Boston), John C. Williams (New York), Anna Paulson (Philadelphia), Beth M. Hammack (Cleveland), Thomas I. Barkin (Richmond), Austan D. Goolsbee (Chicago), Alberto Musalem (St. Louis), Neel T. Kashkari (Minneapolis), Jeffrey R. Schmid (Kansas City), Lorie K. Logan (Dallas) and Mary C. Daly (San Francisco). Reappointed first vice presidents are Karen A. Pennell (Boston), Sushmita Shukla (New York), Jeanne R. Rentezelas (Philadelphia), Mark S. Meder (Cleveland), Becky C. Bareford (Richmond), Cheryl L. Venable (Atlanta), François G. Henriquez II (St. Louis), Ron J. Feldman (Minneapolis), Kimberly N. Robbins (Kansas City), Robert L. Triplett III (Dallas) and Sarah E. Devany (San Francisco); Raphael W. Bostic is set to retire as Atlanta Fed president at the end of his current term, and Shonda S. Clay had previously been approved as Chicago Fed first vice president for a term starting 1 March 2026 following Ellen Bromagen’s retirement.

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