The FOMC composition in 2017
In normal times, there are 12 voters at FOMC meetings (the last time they were 12 voters was in July 2013):
Currently, there are only 5 members in the Board as the Senate blocked Obama’s appointments. Donald Trump will pick 2 Board members. There are also rumours of Daniel Tarullo’s retirement and in this case, Donald Trump would have to pick 3 Board members. Appointments will have to be confirmed by Senate.
The four voting Reserve Bank presidents in 2017 will be :