Fed regional banks mandate COVID-19 shots for employees

The U.S. Federal Reserve in Washington and the regional Fed banks will now require all of their nearly 23,000 employees be vaccinated against COVID-19. The Philadelphia Fed informed its staff of the new mandate in a memo on Wednesday, making it the last of the 12 regional Fed banks to make vaccination a requirement of employment. The Fed Board in Washington will also require its employees to be fully vaccinated by Nov. 30, a spokesperson for the U.S. central bank told Reuters on Wednesday.