Federal Reserve Governors vote at every FOMC meeting as does the President of the New York Federal Reserve. Being a Governor carries more weight in affecting policy changes than being one of the other 11 Federal Reserve district presidents. Four of the 11 district presidents rotate every year and vote.
The resignation of Adriana Kuglar opened the door for President Trump to name a new FOMC governor who will serve at least through January 31, 2026. President Trump nominated Steven Miran who is currently the Chairman of Council of Economic Advisors and...
