Some voting members of the Federal Reserve Federal Open Market Committee will rotate off at the start of 2017, with new voters rotating on

I've posted on this before, so this is a bit of a repeat.

Here are the voters on the FOMC in 2016:

  • Janet L. Yellen, Board of Governors, Chair
  • William C. Dudley, New York
  • Lael Brainard, Board of Governors
  • James Bullard, St. Louis
  • Stanley Fischer, Board of Governors & Vice Chairman
  • Esther L. George, Kansas City
  • Loretta J. Mester, Cleveland
  • Jerome H. Powell, Board of Governors
  • Eric Rosengren, Boston
  • Daniel K. Tarullo, Board of Governors

Of the members listed above, these are leaving for 2017:

  • James Bullard, St. Louis
  • Esther L. George, Kansas City
  • Loretta J. Mester, Cleveland
  • Eric Rosengren, Boston

Coming on to replace them:

  • Charles L. Evans, Chicago
  • Patrick Harker, Philadelphia
  • Robert S. Kaplan, Dallas
  • Neel Kashkari, Minneapolis

This is a normal rotation.

The 'Board of Governors' members are permanent voters, as is the Chair, the Vice Chair and the head of the New York branch.

It's the regional Fed Presidents that rotate each year.