The Federal Reserve announces new task forces to evaluate and recommend changes to aspects of its operations, releasing a list of participating leaders. Multiple outlets report that venture capitalist Marc Andreessen and economist Raj Chetty are among those named. The slate also includes Mervyn King, the former governor of the Bank of England. The task forces are described as part of the Fed’s effort to review how its operations function and to develop proposed improvements. While details about the specific areas each task force will cover are not provided in the shared excerpts, the reporting agrees that the leaders are drawn from outside traditional Fed circles, combining expertise from economics, public policy, and finance. The announcements are made by the Fed and framed as an organized process for producing recommended changes to the central bank’s operational practices. The named individuals are presented as part of the leadership for the new groups tasked with evaluating operational issues.