Effort to Hire Dallas and Boston Fed Leaders Hits Full Stride

The search to replace two regional Federal Reserve bank presidents who resigned in the wake of a financial market trading controversy is in full swing, and boosting diversity at the central bank is expected to factor into the process.

The Dallas Fed said Wednesday that it launched an effort to replace Robert Kaplan, while the Boston Fed announced its search for a successor to Eric Rosengren in mid-October.

The…