Fed Inspector General urges overhaul of regional leadership selection process
The Fed’s Inspector General released a report calling for changes to parts of the process governing selection of leaders of the 12 regional central banks and other top staff.
By Michael S.
DerbyThe Federal Reserve’s in-house watchdog is calling on the central bank to overhaul parts of the process that governs how leaders of the 12 regional central banks and other top staff are selected.The report from the Fed’s Inspector General, released on Wednesday, zeroed in on the…