JUST IN: Atlanta Federal Reserve President Who Violated Trading Rules to Step Down, Opening Vacancy
Raphael Bostic, president and CEO of the Federal Reserve Bank of Atlanta announced on Wednesday that he will retire at the end of his term in February, opening up a vacancy. Bostic was the first black and openly gay president of a regional federal reserve bank. He has been in the chair since 2017. Dr. Bostic served on the Federal Open Market Committee (FOMC) but