The Federal Reserve on Thursday reappointed 11 of its 12 regional bank presidents, ending a mini-drama at the central bank in a move that came a bit earlier than usual.

By unanimous vote , the seven governors kept in place a cast of officials that also includes first vice presidents at the branches that extend across the country. The group of presidents did not include the Atlanta Fed, whose president, Raphael Bostic, is retiring in February.

Though the regional reserve banks act independently and hire their own presidents, the moves are subject to board approval in Washington, D.C. The presidents serve five-year terms, which in this case will commence March 1, 2026, and can be removed at will by the board.

Normally, the Fed waits until closer to the Feb. 28 expiration date of the ter

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