The Fed Integrity and Independence Act of 2025 prohibits senior Federal Reserve officials—including Board of Governors members, Federal Reserve Bank presidents, and the First Vice President of the Federal Reserve Bank of New York—from simultaneously holding other positions appointed by the President, even if they are on leave from those positions. The bill aims to protect the Federal Reserve's independence from political pressure by preventing executive branch officials from serving in these dual roles. The legislation immediately terminates anyone currently serving in these Federal Reserve positions who would become ineligible under the new rules. No new funding is authorized, and the bill takes effect upon enactment with no specified implementation timeline beyond the immediate termination provision.
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