DiscoverMarkets & Money Today | 2 Min News | The Daily News Now!Bessent Proposes New Residency Rule for Fed Bank Leaders
Bessent Proposes New Residency Rule for Fed Bank Leaders

Bessent Proposes New Residency Rule for Fed Bank Leaders

Update: 2025-12-03
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Treasury Secretary Bessent proposes new rule for Federal Reserve Bank presidents: three-year residency requirement in respective districts, aiming to enhance local economic understanding and community needs.

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Bessent Proposes New Residency Rule for Fed Bank Leaders

Bessent Proposes New Residency Rule for Fed Bank Leaders