The Federal Reserve Board of Governors has gotten a lot of attention lately — President Trump is attempting to remove one member and has nominated another. But there’s more under the central bank umbrella than president-appointed officials. In this episode, we break down why regional Fed banks and Fed presidents matter. Plus: The latest Beige book shows an uptick in lending, shipping costs are down and an economist walks us through her process for reading a CPI report. Every story has an economic angle. Want some in your inbox? <a href="https://www.marketplace.org/newsletters">Subscribe</a> to our daily or weekly newsletter. Marketplace is more than a radio show. Check out our original reporting and financial literacy content at <a href="https://www.marketplace.org/">marketplace.org</a> — and consider <a href="https://www.marketplace.org/make-a-smart-investment">making an investment</a> in our future.

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What about the regional Feds? What do they do?

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