The president of the Federal Reserve Bank of which district has a permanent vote in the Federal Open Market Committee?.

Question

Quizplus · Accepted Answer

The president of the Federal Reserve Bank of New York has a permanent voting position in the Federal Open Market Committee, alongside four of the other presidents who rotate voting privileges. This is because New York is considered the financial capital of the United States, and the New York Fed is responsible for implementing monetary policy and regulating financial institutions.

The President of the Federal Reserve Bank of Which District