On February 19, 2016, the Federal Reserve Bank of New York announced the reappointment of William C. Dudley and Michael Strine as president and first vice president of the New York Fed, respectively. Eligible members of the New York Fed’s board of directors voted unanimously to reappoint Mr. Dudley and Mr. Strine, and the Federal Reserve Board approved that decision. Their new five-year terms begin March 1, 2016.

The New York Fed press release is available at: https://www.newyorkfed.org/newsevents/news/aboutthefed/2016/oa160219