Federal Reserve to Require All Staff Be Vaccinated for Covid-19

(Bloomberg) -- All 12 regional branches of the Federal Reserve and the Board in Washington will require staff to be vaccinated against Covid-19.

Staff were informed in recent weeks of the decision, apart from those at the Minneapolis Fed which led the way when Neel Kashkari, its president, announced on July 7 that it would require vaccinations. About 23,000 people work at the Fed. The move also comes as President Joe Biden requires all federal executive branch workers to be vaccinated.

“We informed Kansas City Fed employees on Aug. 31 that they would need to be fully vaccinated against Covid-19 by Nov. 15,” said Kansas City Fed spokesman Bill Medley. The St. Louis Fed stipulated an Oct. 1 target date. The Board in Washington has given staff until Nov. 30.

“This wasn’t an easy decision for us,” said Atlanta Fed Chief Operating Officer Andre Anderson. “But vaccines offer strong protection against serious illness, hospitalization, and death, and we see them as the best way for us to address the pandemic’s challenges.”

The mandates at all 12 Fed banks were reported earlier by Reuters.

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