The Federal Reserve today announced the 12 regional Federal Reserve Banks’ chairmen and deputy chairmen for 2016. Each regional Reserve Bank has a nine-member board of directors. The Fed board in Washington, D.C., appoints three directors, and each year designates one of its appointees as chairman and a second as deputy chairman.
ABA Data Bank: Car insurance prices hitting the gas
The cost of auto insurance rose more than 22% year-over-year in March, the largest annual jump since 1976.