This is internal face cleaning bu Fed due to the Covid19 insider trading inside the Fed by such individuals. They couldn't fire them due to hurting Fed's credibility, so they let them resign.
I agree with this, this isn't a "sinking ship" this is literally just throwing some underlings that don't matter much under the bus. If the NY fed president resigned then this would be a different story. (The NY fed is effectively the one with the real power)
This is internal face cleaning bu Fed due to the Covid19 insider trading inside the Fed by such individuals. They couldn't fire them due to hurting Fed's credibility, so they let them resign.
I agree with this, this isn't a "sinking ship" this is literally just throwing some underlings that don't matter much under the bus. If the NY fed president resigned then this would be a different story. (The NY fed is effectively the one with the real power)