The Federal Reserve Bank of Minneapolis announced changes to its Board of Directors for 2026, including the addition of Jeff Harmening as a Class C director and Bernie Sinner as a Class A director, and the reelection of Lakota Vogel as a Class B director. The Board of Governors of the Federal Reserve System also designated Paul Williams as chair and Jay Debertin as deputy chair for 2026. Harmening was appointed by the Board of Governors to a standard three-year term beginning January 1, 2026, while Sinner was elected by Ninth District member banks to the same term length and start date; Vogel was reelected to a second three-year term beginning January 1, 2026. Harmening and Sinner replace outgoing directors Chris Hilger and Brenda Foster, respectively, whose terms expired at the end of 2025.