Williams’ Tenure Question Clouds NY Fed Succession, Could Give Warsh Early Appointment

Cointime reports: Federal Reserve officials are examining whether New York Fed President John Williams may serve until June 2028 or must step down in June 2027, when he turns 65, under internal term-limit rules. Williams said last month he expects to serve until June 2028. If he departs next year, Fed Chair Kevin Warsh would gain an early opportunity to influence the appointment of the influential regional Fed chief.