The Federal Reserve Bank of Chicago said Thursday it would begin a search for a new president because its current leader, Charles Evans, will retire early next year.
Mr. Evans, who has led the regional Fed bank since September 2007, is the longest-tenured reserve bank president. He turns 65 years old in January. Fed presidents can generally serve terms that run up to 10 years or until they turn 65. Mr. Evans began his career at the Chicago Fed in 1991.
To Read the Full Story
