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List of presidents of the Federal Reserve Bank of New York

[1]

Left to Right: William J. McDonough (1993–2003), William C. Dudley (2009–2018), Paul Volcker (1975–1979), E. Gerald Corrigan (1985–1993), Timothy Geithner (2003–2008)
The ninth president of the New York Fed, Timothy Geithner, who subsequently served as Secretary of the Treasury
Paul Volcker, the fifth president of the New York Fed and later Chairman of the Federal Reserve

The Federal Reserve Bank of New York (New York Fed) is one of 12 regional reserve banks of the Federal Reserve System, which is the American central bank. It is described as being the most important of the banks, due to it being in the world's center of finance and serving as the Federal Open Market Committee's operating arm. This is also due to its conducting of open market operations and foreign exchange market intervention.[2]

  1. ^ Parker, Amy (November 5, 2013). Thank You, God, For Mommy. ISBN 978-0-529-10929-3. OCLC 1051995466.
  2. ^ Cite error: The named reference fedimportance was invoked but never defined (see the help page).

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