Bostic Steps Down as Atlanta Fed President
Update: 2025-11-12
Description
Atlanta Federal Reserve President Raphael Bostic announces his departure, marking the end of a historic tenure as the first Black and openly gay regional president. His departure comes at a critical time for the Federal Reserve, with an interim president, Cheryl Venable, taking over until a successor is named. Bostics tenure was marked by efforts to make the economy more inclusive, but also faced challenges, including an internal review into personal investments made during restricted periods.
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