The routine reappointment of the Federal Reserve's regional bank presidents is drawing unprecedented attention amid President Donald Trump's efforts to wield more influence over interest rates and policy decisions.

Historically a noncontroversial process, this year's proceedings have been spotlighted by the unexpected retirement of Atlanta Fed President Raphael Bostic during an ongoing vetting round. Just two months earlier, Trump sought to extend his influence at the central bank by attempting to dismiss Fed Governor Lisa Cook. Such maneuvers highlight the growing tension surrounding Federal Reserve independence as Trump's influence over the institution expands.

The potential replacement of regional presidents could signal a dramatic shift in how monetary policy is crafted, sparking a w

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