Federal Reserve Bank of Philadelphia appoints next CEO

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The Federal Reserve Bank of Philadelphia recently appointed Anna Paulson as president and CEO, effective July 1.

In her new role, Paulson will be tasked with building and maintaining relationships with a variety of constituencies, overseeing all bank activities, and will represent the Third Federal Reserve District on the Federal Open Market Committee (FOMC) in the formulation of U.S. monetary policy. She will participate in FOMC meetings beginning in July and will become a voting member in 2026.

Paulson has 20 years of experience in policy analysis and research. She is the current Federal Reserve Bank of Chicago executive vice president and director of research. In this role, she advises the bank’s president and CEO on monetary policy and attends FOMC meetings.

“Anna Paulson’s economics and monetary policy expertise, as well as her leadership at the Chicago Fed and throughout the Federal Reserve System, make her the ideal person to serve as president of the Federal Reserve Bank of Philadelphia,” Anthony Ibargüen, search committee and Philadelphia Fed board of directors chairman, said.

The Federal Reserve Bank of Philadelphia is one of the 12 regional reserve banks in the Federal Reserve System. The Third District serves eastern and central Pennsylvania, Delaware, and southern New Jersey.