The Training Aspiring Leaders Emerging Now To Serve Act, or TALENTS Act, establishes the Presidential Management Fellows Program (PMF) to attract outstanding individuals with advanced degrees to federal service. This program aims to cultivate excellence in public policy and program leadership and management. Notably, the bill mandates a 200 percent increase in the number of Fellow positions for fiscal years 2026 through 2031, compared to the year preceding its enactment. To be eligible, applicants must have obtained an advanced degree within two years of the announcement date or expect to complete one by August 31 of the competition year. The program features a rigorous selection process and a structured 2-year appointment in the excepted service. Fellows are required to have an Individual Development Plan (IDP) , receive at least 80 hours of formal interactive training annually, and be assigned a mentor. A key developmental component includes at least one mandatory rotational assignment of 120 to 180 days, designed to provide challenging management or technical responsibilities. Upon successful completion, certified by an Executive Resources Board , Fellows become eligible for conversion to a term or permanent position in the competitive service. The bill also outlines procedures for Fellows to move between agencies, as well as conditions for withdrawal or removal from the program. The Act also establishes and formalizes the role of Federal Executive Boards (FEBs) in metropolitan areas, operating under the authority of the Director of the Office of Personnel Management (OPM). These boards are tasked with strengthening federal management, fostering interagency cooperation, and serving as instruments of outreach for national executive branch initiatives. FEBs facilitate problem-solving, coordinate local programs, and support various federal initiatives, including presidential management reforms and OPM personnel programs. OPM provides leadership and oversight for the FEBs, maintaining communication channels and requiring annual work plans and reports from each board. The Director of OPM is also mandated to submit regular reports to Congress, analyzing the program's structural challenges and recommending measures to strengthen its effectiveness.