Raphael Bostic, president of the Federal Reserve Bank of Atlanta, is retiring at the end of his current term in February, opening up a new seat on the Fed’s interest-rate setting committee at a time t

Raphael Bostic, the president of the Federal Reserve Bank of Atlanta since 2017, will retire at the end of February as his term comes up for reappointment, the bank announced Wednesday morning. An open question is whether any other reserve bank presidents will follow.

The Atlanta Fed’s board of directors will form a search committee to conduct a nationwide search for his successor.

The president and chief executive officer of the Federal Reserve Bank of Atlanta announced his intention to retire on Feb. 28, 2026.

Atlanta Federal Reserve President Raphael Bostic said Wednesday he will be leaving his position when his term expires in February.

Dr. Raphael W. Bostic, president and CEO of the Federal Reserve Bank of Atlanta, announced his retirement at the end of his current term on Feb. 28, 2026.

Atlanta Fed President Raphael Bostic will retire at the end of his term on Feb. 28, 2026, after about nine years in the role, the Atlanta Fed  said on Wednesday. Bostic started his tenure as head of the Atlanta Fed on June 5,

Bostic was appointed president and CEO of the Atlanta Fed in June 2017, becoming the first African American and openly gay president of any Federal Reserve regional bank since the system’s inception.