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US Fed bank boards more diverse this year than last

The boards of the Federal Reserve’s 12 regional banks became more diverse in 2025. Women now occupy 43% of the positions, reflecting a commitment to inclusivity and better economic decision-making. However, the number of chairs who are PEOPLE of color has seen a decline, highlighting ongoing challenges.

While the Fed aims for diversity in its boards, a report suggests the need for a balance between racial representation and political affiliation. The Federal Reserve is focused on including various perspectives, essential for addressing the complexities of the $23 trillion U.S. Economy.

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