[Federal Reserve Announces Reappointment of Reserve Bank Presidents and First Vice Presidents] The Federal Reserve has announced the reappointment of Federal Reserve Bank Presidents and First Vice Presidents. All Reserve Bank Presidents and First Vice Presidents serve five-year terms, with the current term ending on February 28, 2026, and the new term beginning on March 1, 2026. Atlanta Fed President Raphael W. Bostic has previously announced his retirement at the end of the current term, and Shonda S. Clay has been approved to serve as the First Vice President of the Chicago Fed.