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Federal Reserve Board approves reappointment of Reserve Bank presidents and first vice presidents
The Federal Reserve Board on Thursday announced the approval of the reappointment of 12 Federal Reserve Bank presidents and 11 first vice presidents, as previously made by their respective boards of directors.
1 Each individual has been approved to serve a new five-year term beginning March 1, 2021.
Under section 4 of the Federal Reserve Act, all Reserve Bank presidents and first vice presidents serve five-year terms that expire at the end of February in years ending in 1 or 6. Presidents and first vice presidents who take office in intervening years are initially appointed for the remainder of the current term. Class B and C Reserve Bank directors who are not affiliated with a supervised entity are eligible to vote on appointment and subsequent reappointment actions for presidents and first vice presidents.
Source: US State of New York Federal Reserve
The Federal Reserve Board on Thursday announced the approval of the reappointment of 12 Federal Reserve Bank presidents and 11 first vice presidents, as previously made by their respective boards of directors.1 Each individual has been approved to serve a new five-year term beginning March 1, 2021.
Under section 4 of the Federal Reserve Act, all Reserve Bank presidents and first vice presidents serve five-year terms that expire at the end of February in years ending in 1 or 6. Presidents and first vice presidents who take office in intervening years are initially appointed for the remainder of the current term. Class B and C Reserve Bank directors who are not affiliated with a supervised entity are eligible to vote on appointment and subsequent reappointment actions for presidents and first vice presidents.
minutes or so. a little bit north into southern george s county. lot more in a of minutes. we will get back to you in a minute. onto dangerous moments for people riding the escalator. but this happened this morning metro station. passengers are wondering how was able to happen. story. gibson has the on theive with more incident. the big question tonight. should point out the evening going fairly well. this morning, the commute came screeching halt for many people on an escalator. it happened in the midst of the morning rush-hour. think it is terrible. a metal strip came in contact something and ripped out. escalatorople on the time, their blood the steppes and platform from cuts and scrapes they sustain it. three people were taken to the with minor injuries. that is dangerous. wille when they fixed it again.pen the metal strip was about 12 long. the spent the day i wrong.gating what went was a medium-large size bag that pulled out the lining. you can understand why
today winds are out of the south, 5 miles per hour pushing in that warmer, more humid air out of the south here. pressure up 30.14 inches. one or two showers to start the day, clouds as well. we have a warm front off to our south and west later today that will start to move across the area and help push temperatures up and also, increase sunshine around here. we will see a little more in the way of sunshine later this afternoon although, showers this morning a scattered thunderstorm or two as well. here is a look at your forecast more details on the heat wave. humid conditions warmer temperatures too. mid- to upper 80s by 4:00 p.m. afternoon highs, 85, 86 in washington. again, let s do traffic and julie. we are checking in with our wazers it is a free ap on your smart phone thanks for checking in. our fox 5 wazers, checking in, just below speed. bumper to bumper through rockville no incidents in your way but remains slow out of gaithersburg toward the split on the ramp, sou