U.S. Treasury Secretary Advocates Residency Requirement for Regional Fed Presidents

According to Odaily, U. S. Treasury Secretary Besent announced on Wednesday his intention to implement a residency requirement for the appointment of regional Federal Reserve presidents. Besent proposed that candidates must have lived in their respective districts for at least three years before being appointed to lead their regional Fed source: https://www.binance.com/en/square/post/33220731898426?utm_source=BinanceNewsRSS