[Federal Reserve Approves Reappointment of 11 Regional Fed Presidents, Bostic Not Reappointed Due to Retirement] Analyst Matt Grossman stated that the Federal Reserve on Thursday approved the reappointment of 11 regional Fed presidents, eliminating the risk that the White House might push for the appointment of presidents more aligned with its stance. Previously, observers were concerned that board members aligned with Trump's position might obstruct reappointments to help the White House gain more influence. Atlanta Fed President Raphael Bostic was not reappointed due to his upcoming retirement, as Bostic had already announced his retirement plans last month.