"Alberto Musalem Succeeds James Bullard as St. Louis Fed President"
Alberto Musalem has been appointed as the new president and CEO of the Federal Reserve Bank of St. Louis, succeeding James Bullard. Musalem, a seasoned economist with a background at the New York Fed and in asset management, will start on April 2 and serve the remainder of Bullard's term until February 2026. His appointment continues the recent changes in the Fed's policymaking body, and while he won't be a voting member until 2025, his views on monetary policy will become more evident through his public engagements.
