CHAIR OF THE ATLANTA FEDERAL RESERVE RAPHAEL BOSTIC WILL RESIGN

🔹 Raphael Bostic, Chair of the Atlanta Fed, will resign in February 2026 after nearly 9 years in office.

🔹 Bostic is not a supporter of President Trump; he is known for being cautious about lowering interest rates while inflation remains high.

🔹 The successor will be chosen by the board of the Atlanta Fed and approved by the Board of Governors in Washington; the president does not have the authority to directly appoint this position.