Federal Reserve Board announces the designation of the Chairs and Deputy Chairs of the 12 Federal Reserve Banks for 2025
January 13, 2025
The Federal Reserve Board on Friday announced the designation of the Chairs and Deputy Chairs of the 12 Federal Reserve Banks for 2025. The following individuals will serve in these leadership roles:
- Federal Reserve Bank of Boston:
- Chair: Kenneth C. Montgomery
- Deputy Chair: Vicki L. Fuller
- Federal Reserve Bank of New York:
- Chair: John C. Williams
- Deputy Chair: Alicia B. Williams
- Federal Reserve Bank of Philadelphia:
- Chair: Patrick T. Harker
- Deputy Chair: Zahra Siddique
- Federal Reserve Bank of Cleveland:
- Chair: Loretta J. Mester
- Deputy Chair: Edward W. George
- Federal Reserve Bank of Richmond:
- Chair: Thomas B. Barkin
- Deputy Chair: Timothy H. Johnson
- Federal Reserve Bank of Atlanta:
- Chair: Raphael W. Bostic
- Deputy Chair: Donald L. Kohn
- Federal Reserve Bank of Chicago:
- Chair: Charles L. Evans
- Deputy Chair: Michael A. Keen
- Federal Reserve Bank of St. Louis:
- Chair: James B. Bullard
- Deputy Chair: Mark A. Wynne
- Federal Reserve Bank of Minneapolis:
- Chair: Neel Kashkari
- Deputy Chair: Michelle A. Bowman
- Federal Reserve Bank of Kansas City:
- Chair: Esther L. George
- Deputy Chair: Thomas M. Hoenig
- Federal Reserve Bank of Dallas:
- Chair: Lorie K. Logan
- Deputy Chair: Karen N. Goracke
- Federal Reserve Bank of San Francisco:
- Chair: Mary C. Daly
- Deputy Chair: Robert S. Kaplan
These individuals will assume their new roles on January 1, 2025. They will serve one-year terms.
The Chairs and Deputy Chairs of the Federal Reserve Banks are responsible for providing leadership to their respective Banks and for participating in the formulation of monetary policy. They also serve on the Federal Open Market Committee (FOMC), which is the body that sets interest rates.
The Federal Reserve Board is an independent agency of the United States government that is responsible for regulating the nation’s financial system and setting monetary policy. The Board is composed of seven members who are appointed by the President and confirmed by the Senate.
Federal Reserve Board announces the designation of the Chairs and Deputy Chairs of the 12 Federal Reserve Banks for 2025
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