The Federal Reserve Board announced the individuals it has designated as Chair and Deputy Chair of each of the 12 Federal Reserve Banks for 2025, reflecting its annual role in selecting leadership from among its appointees to Reserve Bank boards. Each Reserve Bank has a nine-member board of directors, with three directors appointed by the Board of Governors in Washington, which each year designates one of its appointees as Chair and another as Deputy Chair. The Board also updated website statistical tables covering the gender and race or ethnicity of Reserve Bank directors and the sectors those directors represent. Similar statistical details for Reserve Bank Branch boards of directors are scheduled to be published in the coming weeks.

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