Atlanta Fed names new board members

The Federal Reserve Bank of Atlanta has named four new board members: Richard H. Anderson, CEO of Delta Air Lines; Rudy E. Schupp, president and CEO of 1st United Bank; Clarence Otis Jr., chairman and CEO of Darden Restaurants; and T. Anthony Humphries, president and CEO of NobleBank & Trust of Anniston, Ala.

Anderson and Otis were elected to three-year terms, while Schupp was re-elected. Humphries was elected to fill an unexpired term ending Dec. 31, 2010 and to serve an additional three-year term.

The board of directors oversees the bank’s operations and makes recommendations on changes to the discount rate. The members also help the Federal Reserve formulate monetary policy through their input on economic matters they provide to the bank’s president.

About the Author

Paul Donsky

Norfolk Southern and Union Pacific shareholders OK merger. Here’s what’s next.

The proposed mega-railroad company would be headquartered in Omaha, Nebraska, sending anxiety through the company's Atlanta ranks, where Norfolk Southern is based.

Design firm chosen to turn Midtown Atlanta eyesore into high-profile park

The look and feel of a planned public park in Atlanta’s largest high-rise district is soon going to take form.

Atlanta area home prices fell in October with steep declines in some places

Metro Atlanta's median sales prices dropped in October as more inventory is on the market.

The Latest

Credit: Special

Beyond the odometer: What matters most in a used car

Why your car’s safety tech needs maintenance, too

OPINION

Saying goodbye to the Porsche 718 Cayman — for now

Featured

Credit: Bloomberg via Getty Images

Prosecutor takes helm of Georgia case against Trump. But will he move forward?

A veteran Georgia prosecutor will decide the fate of Fulton County District Attorney Fani Willis' election interference case against Donald Trump and his allies.

With some solar power tax breaks expiring, Georgians rush to catch the sun

Georgia solar installers say they’re seeing a surge of customers trying to install rooftop solar systems before federal tax credits go away at the end of the year.

‘Automatic for the People’: Weaver D’s still bonds Athens as era nears end

After feeding everyone from R.E.M. to Brian Kemp, and coining a phrase that went global, Dexter Weaver is preparing to close his storied Athens soul food restaurant.