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Atlanta Fed President Raphael Bostic to retire, giving Trump chance for more influence
New York Post·2025-11-13 02:14

Atlanta Federal Reserve President Raphael Bostic, the first black and openly gay person to lead one of the central bank’s 12 regional banks, said on Wednesday he will retire at the end of his current term on Feb. 28, an unexpected departure amid a push by President Trump for more influence over the Fed.Trump does not select the presidents of the regional Fed banks, but the appointments must be approved by the central bank’s Board of Governors, which the president is trying to reshape through the attempted f ...