Which Federal Reserve district bank president always votes on monetary policy changes?

Question

Quizplus · Accepted Answer

The President of the New York Federal Reserve Bank always votes on monetary policy changes. This is because the New York Fed is considered the most important of the 12 regional banks and its President is a permanent member of the Federal Open Market Committee (FOMC), which is responsible for setting monetary policy. The other 11 regional bank Presidents rotate voting on a yearly basis.

Which Federal Reserve District Bank President Always Votes on Monetary