Federal Reserve Considers Workforce Reduction Amid Political Pressure

According to BlockBeats, The Washington Post reported that in the spring of 2025, the Federal Reserve's 12 regional reserve bank presidents convened a closed-door meeting in Philadelphia to discuss a sensitive issue: the potential reduction of the Federal Reserve's workforce by approximately 10%. This consideration was in response to U. S. President Donald Trump's administration's initiative to downsize the federal government source: https://www.binance.com/en/square/post/34106380564418?utm_source=BinanceNewsRSS