News Releases

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    <title>News Releases | Federal Reserve Bank of Minneapolis</title>
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    <description>Federal Reserve Bank of Minneapolis News Releases</description>
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      <link>https://sc103-mplsfed-prod-cd.mac-p-sitecore-ase-6.appserviceenvironment.net/news-releases/2026/opportunity-and-inclusive-growth-institute-advisory-board-welcomes-dee-nakamura-and-price</link>
      <title>Opportunity and Inclusive Growth Institute Advisory Board welcomes Dee Nakamura and Price</title>
      <decription>&lt;p&gt;The &lt;a href="/institute"&gt;Opportunity &amp; Inclusive Growth Institute&lt;/a&gt; has announced the appointment of  Thomas S. Dee, Emi Nakamura, and Joseph P. Price to its advisory board.
&lt;/p&gt;
&lt;p&gt;Housed in the Research Division at the Federal Reserve Bank of Minneapolis, the Institute conducts and promotes research that will increase economic opportunity and inclusive growth and help the Federal Reserve achieve its maximum employment mandate.
&lt;/p&gt;
&lt;p&gt;&lt;strong&gt;Thomas S. Dee&lt;/strong&gt; is a professor at Stanford University’s Graduate School of Education. Dee’s research seeks to evaluate innovations in education policy using tools of causal inference. Dee is a senior fellow of the Hoover Institution.
&lt;/p&gt;
&lt;p&gt;&lt;strong&gt;Emi Nakamura&lt;/strong&gt; is a professor of economics at the University of California, Berkeley. Her research investigates dynamics, fiscal and monetary policy, and the sources of business cycle fluctuations. Nakamura was the 2019 James Bates Clark Medal recipient.
&lt;/p&gt;
&lt;p&gt;&lt;strong&gt;Joseph P. Price&lt;/strong&gt; is a professor of economics at Brigham Young University and the director of the BYU Record Linking Lab. Price combines machine learning and family history to generate large, longitudinal historical datasets to study the long-run impact of factors that influence health, education, and family formation. Price is a fellow of the Wheatley Institute.
&lt;/p&gt;
&lt;p&gt;Since its inception in 2017, the Institute has become a critical resource for understanding how participants in our economy find opportunity and share in its growth.
&lt;/p&gt;
&lt;p&gt;“Our advisory board is an important resource for the Opportunity &amp; Inclusive Growth Institute. It connects us to ground-breaking scholars and leaders who bridge rigorous research and policy conversations in their daily work,” said Institute Director Abigail Wozniak. “These advisers reflect the intellectual breadth and commitment to scientific rigor needed to tackle a mission as wide-ranging as the Institute’s.”
&lt;/p&gt;
&lt;p&gt;View the full advisory board: &lt;a href="/institute/about/institute-team"&gt;https://www.minneapolisfed.org/institute/about/institute-team&lt;/a&gt; &lt;/p&gt;
&lt;hr /&gt;
&lt;p&gt;The Federal Reserve Bank of Minneapolis is one of 12 regional Reserve Banks that, with the Board of Governors in Washington, D.C., make up the Federal Reserve System, the nation’s central bank. The Federal Reserve Bank of Minneapolis is responsible for the Ninth Federal Reserve District, which includes Montana, North and South Dakota, Minnesota, northwestern Wisconsin, and the Upper Peninsula of Michigan. The Federal Reserve Bank of Minneapolis participates in setting national monetary policy, supervises numerous banking organizations, and provides a variety of payments services to financial institutions and the U.S. government.&lt;/p&gt;</decription>
      <pubDate>Wed, 04 Feb 2026 14:26:27 GMT</pubDate>
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      <link>https://sc103-mplsfed-prod-cd.mac-p-sitecore-ase-6.appserviceenvironment.net/news-releases/2026/minneapolis-fed-board-announces-new-members-and-designations-for-2026</link>
      <title>Minneapolis Fed Board announces new members and designations for 2026</title>
      <decription>&lt;figure class="i9-c-key-image__negative-margin"&gt;&lt;img class="i9-c-key-image__negative-image" src="/-/media/assets/news/2026/minneapolis-fed-board-announces-new-members-and-designations-for-2026/minneapolis-fed-board-announces-new-members-and-designations-for-2026-key.jpg" alt="Alternative Text" data-ip="true" /&gt;
&lt;div class="small"&gt;Jeff Harmening and Bernie Sinner&lt;/div&gt;
&lt;/figure&gt;
&lt;p&gt;Jeff Harmening has been appointed as a Class C director and Bernie Sinner has been elected as a Class A director to the Federal Reserve Bank of Minneapolis Board of Directors for standard three-year terms beginning January 1, 2026. Lakota Vogel, current Class B director, was reelected to a second three-year term beginning January 1, 2026.&lt;/p&gt;
&lt;p&gt;Elections were held in accordance with the Federal Reserve Act and under the direction of outgoing Chair Chris Hilger. The appointment was made by the Board of Governors of the Federal Reserve System also in accordance with the Federal Reserve Act.&lt;/p&gt;
&lt;p&gt;&lt;strong&gt;Jeff Harmening&lt;/strong&gt; was appointed to serve as a Class C director. Harmening is chairman and CEO of General Mills, where he has worked since 1994. He has held leadership positions for the company in the United States and Europe, and previously served as president and chief operating officer. He began his career as a financial analyst with Eli Lilly and Company. Harmening is a graduate of DePauw University and received his MBA from Harvard.&lt;/p&gt;
&lt;p&gt;&lt;strong&gt;Bernie Sinner&lt;/strong&gt; was elected by Ninth District member banks to serve as a Class A director. Sinner is president and senior lending officer of BankNorth in Casselton, North Dakota. Sinner has worked at BankNorth since 1999 in positions of increasing responsibility, including serving as president of the Casselton branch. Sinner has a bachelor’s degree in business administration from Saint John’s University in Minnesota and attended the Graduate School of Banking at the University of Wisconsin–Madison.&lt;/p&gt;
&lt;p&gt;Harmening and Sinner succeed outgoing Directors Chris Hilger and Brenda Foster, respectively, whose terms expired at the end of 2025. The Federal Reserve Board of Governors designated current Class C Directors &lt;a href="/people/paul-williams"&gt;Paul Williams&lt;/a&gt; as chair and &lt;a href="/people/jay-debertin"&gt;Jay Debertin&lt;/a&gt; as deputy chair of the Federal Reserve Bank of Minneapolis for 2026.&lt;/p&gt;
&lt;p&gt;The Minneapolis Fed’s nine directors represent a cross section of the Ninth District. Class A directors are elected to the board by member banks to represent member banks. Class B and C directors represent the public and the many sectors of the economy. Class B directors are elected to the board by member banks, while Class C directors are appointed by the Board of Governors, which also designates the board’s chair and deputy chair from among its three appointees.&lt;/p&gt;
&lt;p&gt;The responsibilities of directors are broad, ranging from overseeing the general operations of the Minneapolis Fed to reporting on district economic conditions. This information helps prepare the Minneapolis Fed president for participation in Federal Open Market Committee meetings, where decisions are made about monetary policy. For more information and to see all serving directors, visit the &lt;a href="/about-us/board-of-directors"&gt;Board of Directors page&lt;/a&gt;.&lt;/p&gt;
&lt;hr /&gt;
&lt;p&gt;The Federal Reserve Bank of Minneapolis is one of 12 regional Reserve Banks that, with the Board of Governors in Washington, D.C., make up the Federal Reserve System, the nation’s central bank. The Federal Reserve Bank of Minneapolis is responsible for the Ninth Federal Reserve District, which includes Montana, North and South Dakota, Minnesota, northwestern Wisconsin, and the Upper Peninsula of Michigan. The Federal Reserve Bank of Minneapolis participates in setting national monetary policy, supervises numerous banking organizations, and provides a variety of payments services to financial institutions and the U.S. government.&lt;/p&gt;</decription>
      <pubDate>Fri, 09 Jan 2026 21:31:35 GMT</pubDate>
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      <link>https://sc103-mplsfed-prod-cd.mac-p-sitecore-ase-6.appserviceenvironment.net/news-releases/2026/helena-branch-board-of-directors-welcomes-new-board-member-dahl</link>
      <title>Helena Branch Board of Directors welcomes new board member Dahl</title>
      <decription>&lt;figure class="i9-c-key-image__negative-margin"&gt;&lt;img class="i9-c-key-image__negative-image" src="/-/media/assets/news/2026/helena-branch-board-of-directors-welcomes-new-board-member-dahl/helena-branch-board-of-directors-welcomes-new-board-member-dahl-key.jpg" alt="Alternative Text" data-ip="true" /&gt;&lt;div class="small"&gt;Chris Dahl&lt;/div&gt;&lt;/figure&gt;
&lt;p&gt;The Helena Branch Board of Directors welcomed new member Chris Dahl for a three-year term, effective January 1, 2026.&lt;/p&gt;
&lt;p&gt;&lt;strong&gt;Chris Dahl&lt;/strong&gt; is co-founder and chief revenue officer of Foundant Technologies Inc. in Bozeman, Montana. He served as the president and CEO until December 2024 and transitioned to chief revenue officer following a merger. He has a background in software development. Dahl has a master’s degree in computer science from Montana State University and a bachelor’s degree from Stanford University.&lt;/p&gt;
&lt;p&gt;Dahl was elected by the Federal Reserve Bank of Minneapolis Board of Directors.&lt;/p&gt;
&lt;p&gt;Each branch of a Federal Reserve Bank has its own board of directors. Located in Helena, Montana, the Federal Reserve Bank of Minneapolis’s only &lt;a href="/about-us/our-helena-branch"&gt;branch&lt;/a&gt; has a &lt;a href="/about-us/board-of-directors#helena"&gt;five-member board&lt;/a&gt;. Its members share their perspectives on economic conditions with Bank leadership, and they also serve as liaisons between the Fed and their communities.&lt;/p&gt;
&lt;hr /&gt;
&lt;p&gt;The Federal Reserve Bank of Minneapolis is one of 12 regional Reserve Banks that, with the Board of Governors in Washington, D.C., make up the Federal Reserve System, the nation’s central bank. The Federal Reserve Bank of Minneapolis is responsible for the Ninth Federal Reserve District, which includes Montana, North and South Dakota, Minnesota, northwestern Wisconsin, and the Upper Peninsula of Michigan. The Federal Reserve Bank of Minneapolis participates in setting national monetary policy, supervises numerous banking organizations, and provides a variety of payments services to financial institutions and the U.S. government.&lt;/p&gt;</decription>
      <pubDate>Fri, 09 Jan 2026 21:31:30 GMT</pubDate>
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      <link>https://sc103-mplsfed-prod-cd.mac-p-sitecore-ase-6.appserviceenvironment.net/news-releases/2025/perri-named-a-fellow-of-the-econometric-society</link>
      <title>Perri named a fellow of the Econometric Society</title>
      <decription>&lt;figure class="i9-c-key-image__negative-margin"&gt;
&lt;img alt="" src="/-/media/assets/news/2025/perri-named-a-fellow-of-the-econometric-society/perri-named-a-fellow-of-the-econometric-society-key.jpg" class="i9-c-key-image__negative-image" /&gt;
&lt;div class="small"&gt;Fabrizio Perri&lt;/div&gt;
&lt;/figure&gt;
&lt;p&gt;Monetary Advisor and Deputy Director Fabrizio Perri has been elected a fellow of the Econometric Society, a prestigious international society for the advancement of economic theory in its relation to statistics and mathematics.
&lt;/p&gt;
&lt;p&gt;Perri’s research focuses on business cycles, international macroeconomics, and inequality. He has published widely cited research on topics including current account and exchange rate dynamics, consumption and income inequality, and asset valuations. Perri’s articles have appeared in journals such as &lt;em&gt;Econometrica&lt;/em&gt;, the &lt;em&gt;Journal of Political Economy&lt;/em&gt;,  &lt;em&gt;The Review of Economic Studies&lt;/em&gt;, and the &lt;em&gt;Journal of Monetary Economics&lt;/em&gt;. He is also a co-editor of &lt;em&gt;Quantitative Economics&lt;/em&gt;.
&lt;/p&gt;
&lt;p&gt;The Econometric Society elects new fellows each year. Currently, eight fellows are Federal Reserve System economists. Perri joins Minneapolis Fed colleagues Juan Pablo Nicolini, Manuel Amador, and Cristina Arellano, who were elected by the society in 2009, 2020, and 2024, respectively.
&lt;/p&gt;
&lt;hr /&gt;
&lt;p&gt;The Federal Reserve Bank of Minneapolis is one of 12 regional Reserve Banks that, with the Board of Governors in Washington, D.C., make up the Federal Reserve System, the nation’s central bank. The Federal Reserve Bank of Minneapolis is responsible for the Ninth Federal Reserve District, which includes Montana, North and South Dakota, Minnesota, northwestern Wisconsin, and the Upper Peninsula of Michigan. The Federal Reserve Bank of Minneapolis participates in setting national monetary policy, supervises numerous banking organizations, and provides a variety of payments services to financial institutions and the U.S. government.&lt;/p&gt;</decription>
      <pubDate>Mon, 20 Oct 2025 18:24:47 GMT</pubDate>
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      <link>https://sc103-mplsfed-prod-cd.mac-p-sitecore-ase-6.appserviceenvironment.net/news-releases/2025/wilkinson-named-avp-of-talent-operations-at-minneapolis-fed</link>
      <title>Wilkinson named AVP of talent operations at Minneapolis Fed</title>
      <decription>&lt;figure class="i9-c-key-image__negative-margin"&gt;
&lt;img alt="" src="/-/media/assets/news/2025/wilkinson-named-avp-of-talent-operations-at-minneapolis-fed/donald-wilkinson-release.jpg" class="i9-c-key-image__negative-image" /&gt;
&lt;div class="small"&gt;Donald Wilkinson&lt;/div&gt;
&lt;/figure&gt;
&lt;p&gt;Donald Wilkinson has been named an assistant vice president for talent operations in Talent and Engagement (T&amp;E) at the Federal Reserve Bank of Minneapolis.
&lt;/p&gt;
&lt;p&gt;In this role, Wilkinson will provide leadership to several human resources functions, including total compensation, benefits, and employee engagement. He will also be responsible for ensuring compliance with internal controls and audit standards.
&lt;/p&gt;
&lt;p&gt;Wilkinson has been with the Bank since 2011 and most recently was director of T&amp;E’s business partner function. He has demonstrated program management and human resources management expertise, with accomplishments including successful implementation of Bank-wide programs, cost-cutting initiatives, and performance improvement efforts. Throughout his career, he has demonstrated a commitment to developing, coaching, and mentoring staff.
&lt;/p&gt;
&lt;p&gt;Prior to joining the Federal Reserve System, Wilkinson held director and management-level roles in the defense, telecom, and airline sectors.
&lt;/p&gt;
&lt;p&gt;Wilkinson has a bachelor’s in business administration from Rowan University, and leadership certificates from the Yale School of Management and the Darden School of Management at the University of Virginia.
&lt;/p&gt;</decription>
      <pubDate>Mon, 11 Aug 2025 17:23:31 GMT</pubDate>
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      <link>https://sc103-mplsfed-prod-cd.mac-p-sitecore-ase-6.appserviceenvironment.net/news-releases/2025/minneapolis-fed-names-cybert-to-avp-of-law-enforcement</link>
      <title>Minneapolis Fed names Cybert to AVP of Law Enforcement</title>
      <decription>&lt;figure class="i9-c-key-image__negative-margin"&gt;&lt;img class="i9-c-key-image__negative-image" src="/-/media/assets/news/2025/minneapolis-fed-names-cybert-to-avp-of-law-enforcement/minneapolis-fed-names-cybert-to-avp-of-law-enforcement-key.jpg" alt="Alternative Text" data-ip="true" /&gt;&lt;figcaption class="i9-c-key-image__citation"&gt;&lt;span&gt;&lt;strong&gt;Matthew Cybert&lt;/strong&gt;&lt;/span&gt;&lt;/figcaption&gt;&lt;/figure&gt;
&lt;p&gt;Matthew Cybert has been named an assistant vice president of Law Enforcement at the Federal Reserve Bank of Minneapolis.&lt;/p&gt;
&lt;p&gt;In this role, Cybert will lead the Law Enforcement Unit that provides a safe and secure environment for all employees and visitors of the Federal Reserve Bank of Minneapolis.&lt;/p&gt;
&lt;p&gt;Cybert joins the Bank after dedicating over 25 years to the United States Secret Service. His last position was as the special agent in charge of the Minneapolis Field Office, where he managed both protective and criminal operations across a three-state region. In the early stages of his career, he began as a criminal investigator specializing in financial crimes before transitioning to a permanent protective role. He had the distinction of being assigned to the Presidential Protective Division on two occasions, where he was at one point responsible for overseeing security operations at the White House complex and ultimately led one of the four presidential protection teams. Additionally, he served as a liaison to the Treasury Department, collaborating closely with the Federal Reserve Board on projects related to currency design and educational initiatives. His career later took him to leadership positions in both Denver, Colorado, and Madrid, Spain.&lt;/p&gt;
&lt;p&gt;He has a master’s degree in homeland security and defense from the Naval Postgraduate School, along with a bachelor’s degree from the University of Michigan. He has received several awards and honors, including two U.S. Secret Service Director’s commendations and a Lifesaving Award.&lt;/p&gt;</decription>
      <pubDate>Tue, 20 May 2025 19:46:24 GMT</pubDate>
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      <link>https://sc103-mplsfed-prod-cd.mac-p-sitecore-ase-6.appserviceenvironment.net/news-releases/2025/minneapolis-fed-welcomes-2025-2026-class-of-institute-visiting-scholars</link>
      <title>Minneapolis Fed welcomes 2025 2026 class of Institute visiting scholars</title>
      <decription>&lt;figure class="i9-c-key-image__negative-margin"&gt;&lt;img class="i9-c-key-image__negative-image" src="/-/media/assets/news/2025/minneapolis-fed-welcomes-2025-2026-class-of-institute-visiting-scholars/minneapolis-fed-welcomes-2025-2026-class-of-institute-visiting-scholars-key.jpg" alt="Alternative Text" data-ip="true" /&gt;&lt;figcaption class="i9-c-key-image__citation"&gt;&lt;span&gt;&lt;strong&gt;2025–2026 visiting scholars&lt;/strong&gt;&lt;/span&gt;&lt;/figcaption&gt;&lt;/figure&gt;
&lt;p&gt;The &lt;a href="/institute"&gt;Opportunity &amp; Inclusive Growth Institute&lt;/a&gt; announced the 2025–2026 cohort of visiting scholars selected to conduct research while in residence at the Federal Reserve Bank of Minneapolis.&lt;/p&gt;
&lt;p&gt;Institute visiting scholars will research questions that address how to increase economic opportunity for all Americans. These scholars bring with them a broad range of technical expertise and research interests, including household finance, labor markets, survey methodology, and monetary policy.&lt;/p&gt;
&lt;p&gt;“Our visiting scholars are an important connection to new ideas and fresh perspectives on our own work. They provide enormous benefits to researchers at the Minneapolis Fed, both inside and outside the Institute,” said Institute Director Abigail Wozniak. “Building these relationships creates value that will persist long after the cohort year concludes.” &lt;/p&gt;
&lt;p&gt;In addition to the Visiting Scholar program, the Institute hosts an annual research conference for academic and policy experts from across the country to discuss leading-edge research related to the Institute’s mission. The 2025 event will take place on November 13.&lt;/p&gt;
&lt;p&gt;“Our visiting scholars are leading experts in their respective fields. They bring novel approaches, stimulate intellectual exchange, and collaborate with researchers across the Minneapolis Fed,” said Alessandra Fogli, assistant director for inequality research. “These scholarly engagements enhance the rigor and relevance of our research, helping to inform effective policymaking.”&lt;/p&gt;
&lt;p&gt;Since 2017, the Institute has hosted a total of 152 &lt;a href="/institute/visiting-scholars"&gt;visiting scholars&lt;/a&gt; in eight cohorts. The following scholars make up the Institute’s &lt;a href="/institute/visiting-scholars/2025-2026"&gt;ninth cohort&lt;/a&gt;.&lt;/p&gt;
&lt;p&gt;&lt;strong&gt;2025–2026 visiting scholars&lt;/strong&gt;&lt;/p&gt;
&lt;ul&gt;
    &lt;li&gt;&lt;strong&gt;David E. Altig&lt;/strong&gt;, Executive Vice President and Chief Economic Adviser, Federal Reserve Bank of Atlanta&lt;/li&gt;
    &lt;li&gt;&lt;strong&gt;Shifrah Aron-Dine&lt;/strong&gt;, Assistant Professor of Agricultural and Resource Economics, University of California, Berkeley&lt;/li&gt;
    &lt;li&gt;&lt;strong&gt;Barbara Biasi&lt;/strong&gt;, Assistant Professor of Economics, Yale School of Management&lt;/li&gt;
    &lt;li&gt;&lt;strong&gt;Florin Bilbiie&lt;/strong&gt;, Professor of Macroeconomics, University of Cambridge&lt;/li&gt;
    &lt;li&gt;&lt;strong&gt;Laura Castillo-Martínez&lt;/strong&gt;, Assistant Professor of Economics, Duke University&lt;/li&gt;
    &lt;li&gt;&lt;strong&gt;Jacelly Cespedes&lt;/strong&gt;, Assistant Professor of Finance, University of Minnesota Carlson School of Management&lt;/li&gt;
    &lt;li&gt;&lt;strong&gt;Ciprian Domnisoru&lt;/strong&gt;, Assistant Professor of Economics and Data Science, Aalto University&lt;/li&gt;
    &lt;li&gt;&lt;strong&gt;Lukas Freund&lt;/strong&gt;, Assistant Professor of Economics, Boston College&lt;/li&gt;
    &lt;li&gt;&lt;strong&gt;Pamela Giustinelli&lt;/strong&gt;, Assistant Professor of Economics, Bocconi University&lt;/li&gt;
    &lt;li&gt;&lt;strong&gt;Kareem Haggag&lt;/strong&gt;, Assistant Professor, UCLA Anderson School of Management&lt;/li&gt;
    &lt;li&gt;&lt;strong&gt;Christian Hellwig&lt;/strong&gt;, Professor of Economics, Toulouse School of Economics&lt;/li&gt;
    &lt;li&gt;&lt;strong&gt;Agustin Hurtado&lt;/strong&gt;, Assistant Professor of Finance, University of Maryland Smith School of Business&lt;/li&gt;
    &lt;li&gt;&lt;strong&gt;Annamaria Lusardi&lt;/strong&gt;, Senior Fellow, Stanford Institute for Economic Policy Research&lt;/li&gt;
    &lt;li&gt;&lt;strong&gt;Cedomir Malgieri&lt;/strong&gt;, Assistant Professor of Economics, Arizona State University W. P. Carey School of Business&lt;/li&gt;
    &lt;li&gt;&lt;strong&gt;Olivia S. Mitchell&lt;/strong&gt;, Professor of Business Economics and Public Policy, University of Pennsylvania Wharton School&lt;/li&gt;
    &lt;li&gt;&lt;strong&gt;Cormac O’Dea&lt;/strong&gt;, Assistant Professor of Economics, Yale University&lt;/li&gt;
    &lt;li&gt;&lt;strong&gt;Claudia Olivetti&lt;/strong&gt;, George J. Records 1956 Professor of Economics, Dartmouth College&lt;/li&gt;
    &lt;li&gt;&lt;strong&gt;Mark Ponder&lt;/strong&gt;, Senior Consultant, NERA&lt;/li&gt;
    &lt;li&gt;&lt;strong&gt;Katherine Richard&lt;/strong&gt;, Postdoctoral Associate, Georgetown University McCourt School of Public Policy&lt;/li&gt;
    &lt;li&gt;&lt;strong&gt;Moises Yi&lt;/strong&gt;, Senior Economist, U.S. Census Bureau&lt;/li&gt;
    &lt;li&gt;&lt;strong&gt;Samuel Young&lt;/strong&gt;, Assistant Professor of Economics, Arizona State University&lt;/li&gt;
&lt;/ul&gt;
&lt;hr /&gt;
&lt;p&gt;The Federal Reserve Bank of Minneapolis is one of 12 regional Reserve Banks that, with the Board of Governors in Washington, D.C., make up the Federal Reserve System, the nation’s central bank. The Federal Reserve Bank of Minneapolis is responsible for the Ninth Federal Reserve District, which includes Montana, North and South Dakota, Minnesota, northwestern Wisconsin, and the Upper Peninsula of Michigan. The Federal Reserve Bank of Minneapolis participates in setting national monetary policy, supervises numerous banking organizations, and provides a variety of payments services to financial institutions and the U.S. government.&lt;/p&gt;</decription>
      <pubDate>Wed, 14 May 2025 15:18:02 GMT</pubDate>
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      <link>https://sc103-mplsfed-prod-cd.mac-p-sitecore-ase-6.appserviceenvironment.net/news-releases/2025/new-ninth-district-advisory-council-members-named</link>
      <title>New Ninth District Advisory Council members named</title>
      <decription>&lt;p&gt;Two new members have been appointed to the Federal Reserve Bank of Minneapolis’ &lt;a href="/about-us/advisory-councils/ninth-district-advisory-council"&gt;Ninth District Advisory Council&lt;/a&gt;. Council members serve three-year terms.
&lt;/p&gt;
&lt;p&gt;Appointed to the council in 2025:
&lt;/p&gt;
&lt;ul&gt;
    &lt;li&gt;&lt;strong&gt;Kevin Black&lt;br /&gt;
    &lt;/strong&gt;
    CEO, Creedence Energy Services&lt;br /&gt;
    Minot, North Dakota
    &lt;/li&gt;
    &lt;li&gt;&lt;strong&gt;Paulette Davidson&lt;br /&gt;
    &lt;/strong&gt;
    President and CEO, Monument Health&lt;br /&gt;
    Rapid City, South Dakota
    &lt;/li&gt;
&lt;/ul&gt;
&lt;p&gt;Black and Davidson join eight other returning council members, representing a broad range of sectors and geography in the district.
&lt;/p&gt;
&lt;p&gt;Ninth District Advisory Council members advise the Bank’s senior officers and economists on regional economic conditions. New members are appointed by the Minneapolis Fed president. For more information and to see all serving members, visit the &lt;a href="/about-us/advisory-councils/ninth-district-advisory-council"&gt;Ninth District Advisory Council&lt;/a&gt; page.
&lt;/p&gt;
&lt;hr /&gt;
&lt;p&gt;The Federal Reserve Bank of Minneapolis is one of 12 regional Reserve Banks that, with the Board of Governors in Washington, D.C., make up the Federal Reserve System, the nation’s central bank. The Federal Reserve Bank of Minneapolis is responsible for the Ninth Federal Reserve District, which includes Montana, North and South Dakota, Minnesota, northwestern Wisconsin, and the Upper Peninsula of Michigan. The Federal Reserve Bank of Minneapolis participates in setting national&lt;/p&gt;</decription>
      <pubDate>Wed, 16 Apr 2025 13:37:22 GMT</pubDate>
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      <link>https://sc103-mplsfed-prod-cd.mac-p-sitecore-ase-6.appserviceenvironment.net/news-releases/2025/new-members-named-to-minneapolis-fed-advisory-council</link>
      <title>New members named to Minneapolis Fed advisory council</title>
      <decription>&lt;p&gt;Four community bank experts were appointed to an advisory council this spring by Federal Reserve Bank of Minneapolis President and CEO Neel Kashkari.&lt;/p&gt;
&lt;p&gt;Returning member James L. Williams III, CEO of BankNorth in Casselton, North Dakota, has been appointed chair.&lt;/p&gt;
&lt;p&gt;The &lt;a href="/about-us/advisory-councils/community-depository-institutions-advisory-council"&gt;Community Depository Institutions Advisory Council&lt;/a&gt; (CDIAC) provides information, advice, and recommendations to the Minneapolis Fed president from the perspective of thrifts, credit unions, and banks in the Ninth District with total assets of less than $10 billion. The chair of the Ninth District CDIAC represents the district at meetings of the Board of Governors’ national CDIAC in Washington, D.C.&lt;/p&gt;
&lt;p&gt;Appointed to the council in 2025:&lt;/p&gt;
&lt;ul&gt;
    &lt;li style="margin-bottom: 10px;"&gt;&lt;strong&gt;Andrew Gesell&lt;/strong&gt;&lt;br /&gt;
    CEO, BankCherokee&lt;br /&gt;
    St. Paul, Minnesota&lt;/li&gt;
    &lt;li style="margin-bottom: 10px;"&gt;&lt;strong&gt;Mike Hauswirth&lt;/strong&gt;&lt;br /&gt;
    President and CEO, Superior National Bank&lt;br /&gt;
    Hancock, Michigan&lt;/li&gt;
    &lt;li style="margin-bottom: 10px;"&gt;&lt;strong&gt;Trina Hoff&lt;/strong&gt;&lt;br /&gt;
    CEO, Northern Communities Credit Union&lt;br /&gt;
    Eveleth, Minnesota&lt;/li&gt;
    &lt;li&gt;&lt;strong&gt;Kelly Skalicky&lt;/strong&gt;&lt;br /&gt;
    President and CEO, Stearns Bank&lt;br /&gt;
    St. Cloud, Minnesota&lt;/li&gt;
&lt;/ul&gt;
&lt;p&gt;Gesell, Hauswirth, Hoff, and Skalicky will join Williams and five more returning members on the council.&lt;/p&gt;
&lt;p&gt;For more information and to see all serving members, visit the &lt;a href="/about-us/advisory-councils/community-depository-institutions-advisory-council"&gt;Community Depository Institutions Advisory Council page&lt;/a&gt;.&lt;/p&gt;
&lt;hr /&gt;
&lt;p&gt;The Federal Reserve Bank of Minneapolis is one of 12 regional Reserve Banks that, with the Board of Governors in Washington, D.C., make up the Federal Reserve System, the nation’s central bank. The Federal Reserve Bank of Minneapolis is responsible for the Ninth Federal Reserve District, which includes Montana, North and South Dakota, Minnesota, northwestern Wisconsin, and the Upper Peninsula of Michigan. The Federal Reserve Bank of Minneapolis participates in setting national monetary policy, supervises numerous banking organizations, and provides a variety of payments services to financial institutions and the U.S. government.&lt;/p&gt;</decription>
      <pubDate>Fri, 28 Mar 2025 18:30:54 GMT</pubDate>
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      <link>https://sc103-mplsfed-prod-cd.mac-p-sitecore-ase-6.appserviceenvironment.net/news-releases/2025/kashkari-hosts-fed-listens-event-in-detroit-lakes-mn</link>
      <title>Kashkari hosts Fed Listens event in Detroit Lakes MN</title>
      <decription>&lt;p&gt;Neel Kashkari, president and CEO of the Federal Reserve Bank of Minneapolis, will host a Fed Listens event and conversation on March 26 at the Detroit Lakes Regional Chamber of Commerce Economic Summit in Detroit Lakes, Minnesota.&lt;/p&gt;  
&lt;p&gt;The discussion will focus on labor market conditions, inflation, and how the Fed communicates and transmits monetary policy, and will be moderated by Jackie Buboltz, president of the Detroit Lakes Chamber.&lt;/p&gt;  
&lt;p&gt;Fed Listens outreach events connect the Federal Reserve with people across America to support the Fed’s 2025 review of monetary policy strategy, tools, and communications practices. The policy review is expected to be completed this summer.&lt;/p&gt;  
&lt;p&gt;“I regularly meet with community groups and representatives in the Ninth District to better understand regional economic conditions and how people experience the economy,” Minneapolis Fed President Neel Kashkari said. “Fed Listens events expand the scope of the conversation. What I learn from these events informs how we conduct monetary policy in order to achieve our goals of stable prices and maximum employment.”&lt;/p&gt; 
&lt;p&gt;As president of the Federal Reserve Bank of Minneapolis, Kashkari serves the Ninth Federal Reserve District, bringing the perspective of North Dakota, South Dakota, Montana, Minnesota, northwestern Wisconsin, and the Upper Peninsula of Michigan to the Federal Open Market Committee in Washington, D.C.&lt;/p&gt; 
&lt;p&gt;While in Detroit Lakes, Kashkari will also hold a listening session with local business leaders and tour a tribal enterprise. Kashkari will be joined by Minneapolis Fed leaders from its Research and Community Development and Engagement divisions, which include the Center for Indian Country Development.&lt;/p&gt;
&lt;hr&gt;
&lt;p&gt;The Federal Reserve Bank of Minneapolis is one of 12 regional Reserve Banks that, with the Board of Governors in Washington, D.C., make up the Federal Reserve System, the nation’s central bank. The Federal Reserve Bank of Minneapolis is responsible for the Ninth Federal Reserve District, which includes Montana, North and South Dakota, Minnesota, northwestern Wisconsin, and the Upper Peninsula of Michigan. The Federal Reserve Bank of Minneapolis participates in setting national monetary policy, supervises numerous banking organizations, and provides a variety of payments services to financial institutions and the U.S. government.&lt;/p&gt;</decription>
      <pubDate>Mon, 24 Mar 2025 20:23:40 GMT</pubDate>
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      <link>https://sc103-mplsfed-prod-cd.mac-p-sitecore-ase-6.appserviceenvironment.net/news-releases/2025/new-members-named-to-center-for-indian-country-development-leadership-council</link>
      <title>New members named to Center for Indian Country Development Leadership Council</title>
      <decription>&lt;figure class="i9-c-key-image__negative-margin"&gt;
&lt;img alt="" src="/-/media/assets/news/2025/new-members-named-to-center-for-indian-country-development-leadership-council/new-members-named-to-center-for-indian-country-development-leadership-council-key.jpg" class="i9-c-key-image__negative-image" /&gt;
&lt;div class="small"&gt;Debbie Atuk, Cory Blankenship, and Kūhiō Lewis&lt;/div&gt;
&lt;/figure&gt;
&lt;p&gt;The &lt;a href="/indiancountry"&gt;Center for Indian Country Development&lt;/a&gt; (CICD) based at the Federal Reserve Bank of Minneapolis has welcomed three new members to its &lt;a href="/indiancountry/about-us/leadership-council"&gt;Leadership Council&lt;/a&gt;:&lt;/p&gt;
&lt;ul&gt;
    &lt;li&gt;Debbie Atuk (Inupiaq, Kingikmiut), Chair, Bering Straits Native Corporation Government Services LLC&lt;/li&gt;
    &lt;li&gt;Cory Blankenship (Eastern Band of Cherokee Indians), Executive Director, NAFOA&lt;/li&gt;
    &lt;li&gt;Kūhiō Lewis (Native Hawaiian), CEO, Council for Native Hawaiian Advancement&lt;/li&gt;
&lt;/ul&gt;
&lt;p&gt;CICD is a research and policy institute working to advance the economic self-determination and prosperity of Native nations and Indigenous communities through actionable data and research that inform public policy discussions.&lt;/p&gt;
&lt;p&gt;“CICD Leadership Council members contribute important perspectives and expertise to increase our understanding of economic research and data opportunities in Native communities,” said CICD Director Casey Lozar (Confederated Salish and Kootenai Tribes). “Our new members join a distinguished group of Indian Country leaders, and we’re grateful for their service on behalf of Native economies.”&lt;/p&gt;
&lt;p&gt;In 2022, CICD undertook a major initiative to close Indian Country data gaps and build economic datasets that can empower Native peoples and communities to shape their economic futures. In addition to developing a suite of new &lt;a href="/indiancountry/resources"&gt;data tools&lt;/a&gt;, CICD is partnering with tribes through its &lt;a href="/article/2024/survey-of-native-nations-elevates-tribal-public-financing"&gt;Survey of Native Nations&lt;/a&gt; to equip tribal leaders with comparative public finance data that may inform local decisions and economic planning.&lt;/p&gt;
&lt;p&gt;Newly appointed Leadership Council members join an advisory group that reflects key representatives from national and regional Native organizations, tribal leadership, and tribal economic development and finance practitioners. Leadership Council members provide input into CICD’s applied research, data tools, and policy analysis by helping to uncover gaps in the knowledge base and identifying impediments to economic opportunity and growth in Native communities. Members are appointed by Minneapolis Fed President Neel Kashkari.&lt;/p&gt;
&lt;hr /&gt;
&lt;p&gt;The Federal Reserve Bank of Minneapolis is one of 12 regional Reserve Banks that, with the Board of Governors in Washington, D.C., make up the Federal Reserve System, the nation’s central bank. The Federal Reserve Bank of Minneapolis is responsible for the Ninth Federal Reserve District, which includes Montana, North and South Dakota, Minnesota, northwestern Wisconsin, and the Upper Peninsula of Michigan. The Federal Reserve Bank of Minneapolis participates in setting national monetary policy, supervises numerous banking organizations, and provides a variety of payments services to financial institutions and the U.S. government.&lt;/p&gt;</decription>
      <pubDate>Wed, 12 Mar 2025 22:15:34 GMT</pubDate>
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      <link>https://sc103-mplsfed-prod-cd.mac-p-sitecore-ase-6.appserviceenvironment.net/news-releases/2025/galligan-named-to-minneapolis-fed-leadership</link>
      <title>Galligan named to Minneapolis Fed leadership</title>
      <decription>&lt;figure class="i9-c-key-image__negative-margin"&gt;
&lt;img alt="" src="/-/media/assets/news/2025/galligan-named-to-minneapolis-fed-leadership/galligan-news-release-key.jpg" class="i9-c-key-image__negative-image" /&gt;
&lt;div class="small"&gt;Jacqueline Galligan&lt;/div&gt;
&lt;/figure&gt;
&lt;p&gt;Jacqueline Galligan has been named assistant vice president of Supervision, Regulation, and Credit (SRC) at the Federal Reserve Bank of Minneapolis.
&lt;/p&gt;
&lt;p&gt;In this role she will lead the People, Process, and Technology teams and the Statistical and Structure Reporting business line within SRC. She also has responsibility for the division budget and acts as the central administrator for SRC.
&lt;/p&gt;
&lt;p&gt;Galligan has been with the Bank since 2011, when she started as a supervisor. Since then, she has managed three different operational areas and developed extensive budget, project, and relationship management expertise, contributing to the effectiveness of one of the Bank’s largest divisions. Most recently, she held a leadership role developing organizational change management strategy and providing product management support for a System-wide data enterprise solution.
&lt;/p&gt;
&lt;p&gt;Prior to joining the Bank, Galligan worked in consumer finance in the private sector.
&lt;/p&gt;
&lt;p&gt;She holds a bachelor’s degree from the University of Wisconsin–Madison and Master of Business Administration from the University of St. Thomas.
&lt;/p&gt;</decription>
      <pubDate>Wed, 12 Mar 2025 15:08:31 GMT</pubDate>
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      <link>https://sc103-mplsfed-prod-cd.mac-p-sitecore-ase-6.appserviceenvironment.net/news-releases/2025/from-named-to-federal-reserve-leadership</link>
      <title>From named to Federal Reserve leadership</title>
      <decription>&lt;figure class="i9-c-key-image__negative-margin"&gt;
&lt;img alt="" src="/-/media/assets/news/2025/from-named-to-federal-reserve-leadership/from-named-to-federal-reserve-leadership-key.jpg" class="i9-c-key-image__negative-image" /&gt;
&lt;div class="small"&gt;Daniel From&lt;/div&gt;
&lt;/figure&gt;
&lt;p&gt;Daniel From has been named assistant vice president of Federal Reserve Financial Services (FRFS) and will be based at the Federal Reserve Bank of Minneapolis.
&lt;/p&gt;
&lt;p&gt;In this System-wide role, From will lead teams that test proper functioning of several financial transaction products and services that the Federal Reserve provides to ensure the effective movement of money in our economy.
&lt;/p&gt;
&lt;p&gt;From has been with the Federal Reserve Bank of Minneapolis for 14 years and has spent the last 12 years in System-wide roles that are customer-facing and focused on information-technology strategy. His expertise includes leading cross-functional projects that span divisions and the broader System.
&lt;/p&gt;
&lt;p&gt;Prior to joining the Bank, From gained extensive technical experience supporting medical education and research at the University of Minnesota.
&lt;/p&gt;
&lt;p&gt;From has an associate degree in computer and network support as well as an Information Technology Infrastructure Library certification, and he has completed coursework in business management at Augsburg University.
&lt;/p&gt;</decription>
      <pubDate>Wed, 12 Mar 2025 13:59:25 GMT</pubDate>
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      <link>https://sc103-mplsfed-prod-cd.mac-p-sitecore-ase-6.appserviceenvironment.net/news-releases/2025/miller-named-to-minneapolis-fed-leadership</link>
      <title>Miller named to Minneapolis Fed leadership</title>
      <decription>&lt;p&gt;Christina Miller has been named assistant vice president of Cash Services for the Federal Reserve Bank of Minneapolis.
&lt;/p&gt;
&lt;p&gt;In this role, Miller will lead teams in Minneapolis, Minnesota, and Helena, Montana, supporting Cash operations, including currency and coin processing, distribution to district financial institutions, and related compliance and technology activities.
&lt;/p&gt;
&lt;p&gt;Miller joined the Federal Reserve System in 2012, starting in the Minneapolis Fed’s Treasury Services. She has gained extensive leadership experience in operations, risk management, and strategic planning, and most recently served as assistant vice president within Federal Reserve Financial Services.
&lt;/p&gt;
&lt;p&gt;Prior to joining the Bank, Miller worked for the University of Minnesota’s Center for Transportation Studies as a research coordinator and served as a senior pricing analyst for Delta Airlines and its predecessor.
&lt;/p&gt;
&lt;p&gt;She holds a bachelor’s degree in aviation management from Purdue University and a Master of Business Administration from the University of Minnesota.
&lt;/p&gt;</decription>
      <pubDate>Tue, 04 Mar 2025 16:47:40 GMT</pubDate>
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      <link>https://sc103-mplsfed-prod-cd.mac-p-sitecore-ase-6.appserviceenvironment.net/news-releases/2025/krishnan-named-vp-of-supervision-regulation-and-credit-at-minneapolis-fed</link>
      <title>Krishnan named VP of Supervision Regulation and Credit at Minneapolis Fed</title>
      <decription>&lt;figure class="i9-c-key-image__negative-margin"&gt;
&lt;img alt="" src="/-/media/assets/news/2025/krishnan-named-vp-of-supervision-regulation-and-credit-at-minneapolis-fed/krishnan-named-vp-of-supervision-regulation-and-credit-at-minneapolis-fed-key.jpg" class="i9-c-key-image__negative-image" /&gt;
&lt;div class="small"&gt;Anand Krishnan&lt;/div&gt;
&lt;/figure&gt;
&lt;p&gt;Anand Krishnan has been named a vice president of Supervision, Regulation, and Credit (SRC) at the Federal Reserve Bank of Minneapolis. In this role he’ll continue to lead various data-driven aspects of supervision, with a focus on stress testing.&lt;/p&gt;
&lt;p&gt;Krishnan previously led a team dedicated to stress testing and risk identification in the large and foreign banking organization portfolio. He also led various data-oriented System projects.
&lt;/p&gt;
&lt;p&gt;Before joining the Bank in 2018, he served as an advanced risk specialist at the Federal Reserve Bank of Dallas with a focus on stress testing and model risk management.
&lt;/p&gt;
&lt;p&gt;Krishnan worked in consumer banking in the private sector prior to joining the Federal Reserve System. He also worked as a scientist in the semiconductor industry for 10 years.
&lt;/p&gt;
&lt;p&gt;Krishnan holds a bachelor’s degree from the Indian Institute of Technology, an M.S. and a Ph.D. in materials science from Penn State, and an MBA from the University of Chicago Booth School of Business. He also holds the financial risk manager designation.
&lt;/p&gt;</decription>
      <pubDate>Fri, 28 Feb 2025 22:19:17 GMT</pubDate>
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      <link>https://sc103-mplsfed-prod-cd.mac-p-sitecore-ase-6.appserviceenvironment.net/news-releases/2025/wanamaker-appointed-to-opportunity-and-inclusive-growth-institute-advisory-board</link>
      <title>Wanamaker appointed to Opportunity and Inclusive Growth Institute Advisory Board</title>
      <decription>&lt;figure class="i9-c-key-image__negative-margin"&gt;
&lt;img alt="" src="/-/media/assets/news/2025/wanamaker-appointed-to-opportunity-and-inclusive-growth-institute-advisory-board/wanamaker-appointed-to-opportunity-and-inclusive-growth-institute-advisory-board-key.jpg" class="i9-c-key-image__negative-image" /&gt;
&lt;div class="small"&gt;Marianne Wanamaker&lt;/div&gt;
&lt;/figure&gt;
&lt;p&gt;The &lt;a href="/institute/about"&gt;Opportunity &amp; Inclusive Growth Institute&lt;/a&gt; has announced the appointment of Marianne Wanamaker to its advisory board.&lt;/p&gt;
&lt;p&gt;Housed in the Research Division at the Federal Reserve Bank of Minneapolis, the Institute conducts and promotes research that will increase economic opportunity and inclusive growth, and help the Federal Reserve achieve its maximum employment mandate.&lt;/p&gt;
&lt;p&gt;Wanamaker is dean of University of Tennessee’s Baker School of Public Policy and Public Affairs and a professor of economics and public policy. Her expertise is in labor economics, education, and workforce development. Her recent scholarship looks at intergenerational mobility, labor market conditions, and health outcomes for different groups of Americans.&lt;/p&gt;
&lt;p&gt;“It is a great privilege to welcome Marianne Wanamaker to the Opportunity &amp; Inclusive Growth Institute’s advisory board,” said Institute Director Abigail Wozniak. “Our staff have consulted Marianne’s research many times over the last few years. She will be an incredible resource for Institute leadership, and her experience in economic policy and scholarly administration will mean we continue to have a deep bench of such expertise among our advisors.”&lt;/p&gt;
&lt;p&gt;Since its inception in 2017, the Institute has developed into a critical resource for understanding how participants in our economy find opportunity and share in its growth.&lt;/p&gt;
&lt;p&gt;“Our advisory board has been key to the Institute’s accomplishments,” said Minneapolis Fed Research Director Andrea Raffo. “They ensure that the Institute pursues challenging academic and public policy questions using the most rigorous and thoughtful cutting-edge approaches available.”&lt;/p&gt;
&lt;p&gt;Wanamaker fills one opening on the board of 18 distinguished advisors committed to leading-edge scholarly research on economic opportunity and inclusion.&lt;/p&gt;
&lt;p&gt;View the full advisory board: &lt;a href="/institute/about/institute-team"&gt;https://www.minneapolisfed.org/institute/about/institute-team&lt;/a&gt;&lt;/p&gt;</decription>
      <pubDate>Wed, 26 Feb 2025 23:13:12 GMT</pubDate>
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      <link>https://sc103-mplsfed-prod-cd.mac-p-sitecore-ase-6.appserviceenvironment.net/news-releases/2025/minneapolis-fed-board-welcomes-clark-and-walsh</link>
      <title>Minneapolis Fed board welcomes Clark and Walsh</title>
      <decription>&lt;figure class="i9-c-key-image__negative-margin"&gt;
&lt;img alt="" src="/-/media/assets/news/2025/minneapolis-fed-board-welcomes-clark-and-walsh/minneapolis-fed-board-welcomes-clark-and-walsh-key.jpg" class="i9-c-key-image__negative-image" /&gt;
&lt;div class="small"&gt;Laura Clark; Andrea Walsh&lt;/div&gt;
&lt;/figure&gt;
&lt;p&gt;Laura Clark and Andrea Walsh have been elected to the Federal Reserve Bank of Minneapolis’ board of directors for terms beginning January 1, 2025. Elections are held in accordance with the Federal Reserve Act and under the direction of the board’s chair, Chris Hilger.
&lt;/p&gt;
&lt;p&gt;The Minneapolis Fed’s nine directors represent a cross section of the Ninth District. Class A directors are elected to the board by member banks to represent member banks. Class B and C directors represent the public and the many sectors of the economy. Class B directors are elected to the board by member banks, while Class C directors are appointed by the Board of Governors, which also designates the board’s chair and deputy chair from among its three appointees.
&lt;/p&gt;
&lt;p&gt;&lt;strong&gt;Laura Clark&lt;/strong&gt; was elected by member banks to serve as a Class A director. Clark is president and CEO of Opportunity Bank based in Helena, Montana, where she has worked since 2014. She is a graduate of Montana State University Billings. Class A directors are elected to the board by member banks to represent member banks.
&lt;/p&gt;
&lt;p&gt;&lt;strong&gt;Andrea Walsh&lt;/strong&gt; was elected by member banks to serve as a Class B director. Walsh is president and CEO of HealthPartners, based in Bloomington, Minnesota, where she has worked since 1994. Prior to joining HealthPartners, she practiced law and was an assistant commissioner at the Minnesota Department of Health. She is a graduate of the University of Kansas and the University of Minnesota Law School. Class B directors are elected by member banks to represent the public and the many sectors of the economy, and cannot be employees or officers of a bank.
&lt;/p&gt;
&lt;p&gt;Each was elected for a standard three-year term. Clark and Walsh succeed outgoing directors Jeanne Crain and Sarah Walsh, whose terms expired at the end of 2024.
&lt;/p&gt;
&lt;p&gt;The responsibilities of directors are broad, ranging from overseeing the general operations of the Minneapolis Fed to reporting on district economic conditions. This information helps prepare the Minneapolis Fed president for participation in Federal Open Market Committee meetings, where decisions are made about monetary policy. For more information and to see all serving directors, visit the &lt;a href="/about-us/board-of-directors"&gt;Board of Directors page&lt;/a&gt;.
&lt;/p&gt;
&lt;hr /&gt;
&lt;p&gt;The Federal Reserve Bank of Minneapolis is one of 12 regional Reserve Banks that, with the Board of Governors in Washington, D.C., make up the Federal Reserve System, the nation’s central bank. The Federal Reserve Bank of Minneapolis is responsible for the Ninth Federal Reserve District, which includes Montana, North and South Dakota, Minnesota, northwestern Wisconsin, and the Upper Peninsula of Michigan. The Federal Reserve Bank of Minneapolis participates in setting national monetary policy, supervises numerous banking organizations, and provides a variety of payments services to financial institutions and the U.S. government.
&lt;/p&gt;</decription>
      <pubDate>Fri, 21 Feb 2025 18:46:50 GMT</pubDate>
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      <link>https://sc103-mplsfed-prod-cd.mac-p-sitecore-ase-6.appserviceenvironment.net/news-releases/2025/leake-named-vp-cfo-of-finance-at-minneapolis-fed</link>
      <title>Leake named VP CFO of finance at Minneapolis Fed</title>
      <decription>&lt;figure class="i9-c-key-image__negative-margin"&gt;
&lt;img alt="" src="/-/media/assets/news/2025/leake-named-vp-cfo-of-finance-at-minneapolis-fed/leake-named-vp-cfo-of-finance-at-minneapolis-fed-key.jpg" class="i9-c-key-image__negative-image" /&gt;
&lt;div class="small"&gt;Liz Leake&lt;/div&gt;
&lt;/figure&gt;
&lt;p&gt;Elizabeth Leake has been named vice president and chief financial officer of the Financial Management Group (FMG) for the Federal Reserve Bank of Minneapolis.
&lt;/p&gt;
&lt;p&gt;In this role Leake will lead the division and ensure the Bank’s financial management functions adhere to internal controls and meet audit standards.
&lt;/p&gt;
&lt;p&gt;Leake has been with the Bank since 2013 when she started as a financial analyst. She has been instrumental in ensuring the Bank’s budget targets and financial performance metrics are met and led the Bank’s Financial Planning and Analysis team as assistant vice president before being appointed to interim vice president and CFO of FMG in November 2024. Her numerous accomplishments include implementing System-wide finance and accounting practices, developing controls to ensure compliance, and managing several internal and Board of Governors audits.
&lt;/p&gt;
&lt;p&gt;Prior to joining the Bank, Leake held various finance roles at Target, Delta Air Lines, and Medtronic. Leake holds a bachelor’s degree in economics from Carleton College and an MBA in finance from the University of Minnesota’s Carlson School of Management.
&lt;/p&gt;
&lt;p&gt;The CFO role was previously held by Jorge Lomeli, who has assumed the role of vice president for the Administrative Services Division. Leake’s appointment was effective January 16, 2025.
&lt;/p&gt;
&lt;hr /&gt;
&lt;p&gt;The Federal Reserve Bank of Minneapolis is one of 12 regional Reserve Banks that, with the Board of Governors in Washington, D.C., make up the Federal Reserve System, the nation’s central bank. The Federal Reserve Bank of Minneapolis is responsible for the Ninth Federal Reserve District, which includes Montana, North and South Dakota, Minnesota, northwestern Wisconsin, and the Upper Peninsula of Michigan. The Federal Reserve Bank of Minneapolis participates in setting national monetary policy, supervises numerous banking organizations, and provides a variety of payments services to financial institutions and the U.S. government.&lt;/p&gt;</decription>
      <pubDate>Mon, 10 Feb 2025 17:02:43 GMT</pubDate>
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      <link>https://sc103-mplsfed-prod-cd.mac-p-sitecore-ase-6.appserviceenvironment.net/news-releases/2025/helena-branch-board-of-directors-announces-new-members</link>
      <title>Helena Branch Board of Directors announces new members</title>
      <decription>&lt;figure class="i9-c-key-image__negative-margin"&gt;
&lt;img alt="" src="/-/media/assets/news/2025/helena-branch-board-of-directors-announces-new-members/helena-branch-board-of-directors-announces-new-members-key.jpg" class="i9-c-key-image__negative-image" /&gt;
&lt;div class="small"&gt;Deb Poteet; Dennis Fitzpatrick&lt;/div&gt;
&lt;/figure&gt;
&lt;p&gt;The Helena Branch Board of Directors welcomed new members Deb Poteet and Dennis Fitzpatrick for three-year terms, effective January 1, 2025.
&lt;/p&gt;
&lt;h2&gt;New board members&lt;/h2&gt;
&lt;p&gt;&lt;strong&gt;Deb Poteet&lt;/strong&gt; is president of Poteet Construction in Missoula, Montana, a company she founded in 1987. Poteet Construction provides ATSSA certified traffic control services and services in structural concrete, steel barriers, and guardrail installation and permanent signing projects. Poteet holds a degree in geography and land use planning from the University of Montana, and she completed a three-year heavy equipment training program through Operating Engineers.
&lt;/p&gt;
&lt;p&gt;&lt;strong&gt;Dennis Fitzpatrick&lt;/strong&gt; is CEO of Siyeh Corporation, based in Browning, Montana. Siyeh Corporation is a federally chartered, tribally owned corporation designed to manage businesses on behalf of the government. Fitzpatrick has served as CEO of Siyeh for over 20 years. Prior to joining the company in 1999, he practiced law as a tribal attorney for the Blackfeet Tribe. He has a demonstrated history of developing and managing tribal enterprises.
&lt;/p&gt;
&lt;h2&gt;About the Helena Branch Board of Directors&lt;/h2&gt;
&lt;p&gt;Each branch of a Federal Reserve Bank has its own board of directors. Located in Helena, Montana, the Federal Reserve Bank of Minneapolis’s only &lt;a href="/about-us/our-helena-branch"&gt;branch&lt;/a&gt; has a &lt;a href="https://www.minneapolisfed.org/about-us/board-of-directors#helena" target="_self"&gt;five-member board&lt;/a&gt;. Its members share their perspectives on economic conditions with Bank leadership, and they also serve as liaisons between the Fed and their communities.
&lt;/p&gt;
&lt;p&gt;Poteet was elected by the Federal Reserve Bank of Minneapolis Board of Directors, while Fitzpatrick was appointed by the Federal Reserve System’s Board of Governors.
&lt;/p&gt;
&lt;hr /&gt;
&lt;p&gt;The Federal Reserve Bank of Minneapolis is one of 12 regional Reserve Banks that, with the Board of Governors in Washington, D.C., make up the Federal Reserve System, the nation’s central bank. The Federal Reserve Bank of Minneapolis is responsible for the Ninth Federal Reserve District, which includes Montana, North and South Dakota, Minnesota, northwestern Wisconsin, and the Upper Peninsula of Michigan. The Federal Reserve Bank of Minneapolis participates in setting national monetary policy, supervises numerous banking organizations, and provides a variety of payments services to financial institutions and the U.S. government.&lt;/p&gt;</decription>
      <pubDate>Thu, 06 Feb 2025 16:14:51 GMT</pubDate>
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      <link>https://sc103-mplsfed-prod-cd.mac-p-sitecore-ase-6.appserviceenvironment.net/news-releases/2025/tchourumoff-to-lead-human-resources-and-inclusion-at-minneapolis-fed</link>
      <title>Tchourumoff to lead Human Resources and Inclusion at Minneapolis Fed</title>
      <decription>&lt;figure class="i9-c-key-image__negative-margin"&gt;
&lt;img alt="" src="/-/media/assets/news/2025/tchourumoff-to-lead-human-resources-and-inclusion-at-minneapolis-fed/tchourumoff-to-lead-human-resources-and-inclusion-at-minneapolis-fed-key.jpg" class="i9-c-key-image__negative-image" /&gt;
&lt;div class="small"&gt;Alene Tchourumoff&lt;/div&gt;
&lt;/figure&gt;
&lt;p&gt;Alene Tchourumoff has been named chief human resources officer (CHRO) at the Federal Reserve Bank of Minneapolis. In this role, Tchourumoff will oversee the Human Resources and Inclusion Division and the Learning Management Support Office.
&lt;/p&gt;
&lt;p&gt;Tchourumoff will retain her duties leading Community Development and Engagement (CDE), which includes the Center for Indian Country Development. She joined the Bank as the senior vice president of CDE in 2018, where she has led the department’s research and engagement around housing, labor markets, and access to credit with an emphasis on low- and moderate-income communities. In addition to her role leading CDE, she is the current Equal Employment Opportunity officer and supports the Bank’s employees as executive sponsor of the ASCEND (Asians Cultivating Excellence, Nurturing Diversity) Employee Resource Network.
&lt;/p&gt;
&lt;p&gt;“Alene has demonstrated excellence in leading people and complex operations,” said Ron Feldman, first vice president and COO. “As CHRO, Alene will ensure operational excellence in advancing our teams in Minneapolis, in Helena, and in efforts that support the Federal Reserve System overall.”
&lt;/p&gt;
&lt;p&gt;Prior to joining the Bank, Tchourumoff served as chair of the Metropolitan Council, where she focused on building strong partnerships with local governments and community groups to advance transit, housing, and other critical infrastructure within the Twin Cities metro region. She has also held leadership roles in the executive branch of the State of Minnesota and Hennepin County.
&lt;/p&gt;
&lt;p&gt;Tchourumoff has a bachelor’s degree in business administration from George Washington University and a master’s degree in public policy from Harvard University.
&lt;/p&gt;
&lt;hr /&gt;
&lt;p&gt;The Federal Reserve Bank of Minneapolis is one of 12 regional Reserve Banks that, with the Board of Governors in Washington, D.C., make up the Federal Reserve System, the nation’s central bank. The Federal Reserve Bank of Minneapolis is responsible for the Ninth Federal Reserve District, which includes Montana, North and South Dakota, Minnesota, northwestern Wisconsin, and the Upper Peninsula of Michigan. The Federal Reserve Bank of Minneapolis participates in setting national monetary policy, supervises numerous banking organizations, and provides a variety of payments services to financial institutions and the U.S. government.
&lt;/p&gt;</decription>
      <pubDate>Wed, 15 Jan 2025 14:48:54 GMT</pubDate>
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      <link>https://sc103-mplsfed-prod-cd.mac-p-sitecore-ase-6.appserviceenvironment.net/news-releases/2024/new-members-named-to-center-for-indian-country-development-leadership-council-dec</link>
      <title>New members named to Center for Indian Country Development Leadership Council Dec</title>
      <decription>&lt;p&gt;The &lt;a href="/indiancountry"&gt;Center for Indian Country Development&lt;/a&gt; (CICD) based at the Federal Reserve Bank of Minneapolis has welcomed three new members to its &lt;a href="/indiancountry/about-us/leadership-council"&gt;Leadership Council&lt;/a&gt;:
&lt;/p&gt;
&lt;ul&gt;
    &lt;li&gt;Skya Ducheneaux (Cheyenne River Sioux Tribe), Executive Director, Akiptan Inc.&lt;/li&gt;
    &lt;li&gt;Mary LaGarde (White Earth Nation), Executive Director, Minneapolis American Indian Center&lt;/li&gt;
    &lt;li&gt;Alisha L. Murphy (Diné/Navajo), Economist, Navajo Nation Division of Economic Development &lt;/li&gt;
&lt;/ul&gt;
&lt;p&gt;CICD is a research and policy institute working to advance the economic self-determination and prosperity of Native nations and Indigenous communities through actionable data and research that make substantial contributions to public policy.
&lt;/p&gt;
&lt;p&gt;“CICD Leadership Council members contribute vital experiences and expertise on economic conditions and opportunities across Indian Country that inform our research and data portfolio. We’re thrilled to welcome these distinguished new members,” said CICD Director Casey Lozar (Confederated Salish and Kootenai Tribes).
&lt;/p&gt;
&lt;p&gt;In 2022, CICD undertook a major initiative to close Indian Country data gaps and build economic datasets that can empower Native individuals and communities to shape their economic future. In addition to a suite of new data tools, CICD has partnered with many tribes through its &lt;a href="/article/2024/survey-of-native-nations-elevates-tribal-public-financing"&gt;Survey of Native Nations&lt;/a&gt; to equip tribal leaders with comparative public finance data that may inform local decisions and economic planning.
&lt;/p&gt;
&lt;p&gt;Newly appointed Leadership Council members join an advisory group that reflects key representatives from national and regional Native organizations, tribal leadership, and tribal economic development and finance practitioners. Leadership Council members provide input into CICD’s applied research, data tools, and policy analysis by helping to uncover gaps in the knowledge base and identifying impediments to economic opportunity and inclusive growth in Native communities. Members are appointed by Minneapolis Fed President Neel Kashkari.
&lt;/p&gt;
&lt;hr /&gt;
&lt;p&gt;The Federal Reserve Bank of Minneapolis is one of 12 regional Reserve Banks that, with the Board of Governors in Washington, D.C., make up the Federal Reserve System, the nation’s central bank. The Federal Reserve Bank of Minneapolis is responsible for the Ninth Federal Reserve District, which includes Montana, North and South Dakota, Minnesota, northwestern Wisconsin, and the Upper Peninsula of Michigan. The Federal Reserve Bank of Minneapolis participates in setting national monetary policy, supervises numerous banking organizations, and provides a variety of payments services to financial institutions and the U.S. government.
&lt;/p&gt;</decription>
      <pubDate>Thu, 05 Dec 2024 20:02:03 GMT</pubDate>
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      <link>https://sc103-mplsfed-prod-cd.mac-p-sitecore-ase-6.appserviceenvironment.net/news-releases/2024/gaffney-named-senior-vice-president-of-minneapolis-feds-treasury-services</link>
      <title>Gaffney named senior vice president of Minneapolis Feds Treasury Services</title>
      <decription>&lt;figure class="i9-c-key-image__negative-margin"&gt;&lt;img alt="" src="/-/media/assets/news/2024/gaffney-named-senior-vice-president-of-minneapolis-feds-treasury-services/christine-gaffney-news-release-key.jpg" class="i9-c-key-image__negative-image" /&gt;
&lt;div class="small"&gt;Christine Gaffney&lt;/div&gt;
&lt;/figure&gt;
&lt;p&gt;Christine Gaffney has been named senior vice president of the Treasury Services division for the Federal Reserve Bank of Minneapolis.
&lt;/p&gt;
&lt;p&gt;In this role, Gaffney will oversee the Bank’s Treasury operations, advance completion of the Treasury Retail Investment Manager (TRIM) program, and maintain strong relationships with partners at the U.S. Treasury and Federal Reserve Board of Governors.
&lt;/p&gt;
&lt;p&gt;Treasury Services supports the U.S. Treasury’s engagement with the public through a call center, fulfillment center, and claims processing area. This division also provides technology support for Treasury systems, which have seen the customer base grow from 800,000 to almost 6 million.
&lt;/p&gt;
&lt;p&gt;“We are fortunate and gratified to have exceptional talent in the Bank to assume leadership of Treasury Services, which is now our largest division,” said Neel Kashkari, Bank president and CEO. “Christine has strong track records of leadership and operational excellence that are vital to supporting the Bank’s mission.”
&lt;/p&gt;
&lt;p&gt;Gaffney joined the Bank in 2001, advancing to senior vice president for Supervision, Regulation, and Credit in 2017. In addition to directing bank supervision activities, she led the Federal Reserve System’s Paycheck Protection Program Liquidity Facility, which was one of the most critical government responses to the pandemic-induced economic crisis. She has also led the Bank’s expanded work supporting the Board of Governors’ stress testing program for banks.
&lt;/p&gt;
&lt;p&gt;Gaffney has a Bachelor of Arts from the University of Jamestown in North Dakota. She steps into a vacancy left by the retirement of Sharon T. Hill. The effective date of her new role is April 16. The Bank has launched a search for a senior vice president of Supervision, Regulation, and Credit.
&lt;/p&gt;
&lt;hr /&gt;
&lt;p&gt;The Federal Reserve Bank of Minneapolis is one of 12 regional Reserve Banks that, with the Board of Governors in Washington, D.C., make up the Federal Reserve System, the nation’s central bank. The Federal Reserve Bank of Minneapolis is responsible for the Ninth Federal Reserve District, which includes Montana, North and South Dakota, Minnesota, northwestern Wisconsin, and the Upper Peninsula of Michigan. The Federal Reserve Bank of Minneapolis participates in setting national monetary policy, supervises numerous banking organizations, and provides a variety of payments services to financial institutions and the U.S. government
&lt;/p&gt;</decription>
      <pubDate>Thu, 05 Dec 2024 16:21:14 GMT</pubDate>
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      <link>https://sc103-mplsfed-prod-cd.mac-p-sitecore-ase-6.appserviceenvironment.net/news-releases/2024/arellano-named-a-fellow-of-the-econometric-society</link>
      <title>Arellano named a fellow of the Econometric Society</title>
      <decription>&lt;figure class="i9-c-key-image__negative-margin"&gt;&lt;img alt="" src="/-/media/assets/news/2024/arellano-named-a-fellow-of-the-econometric-society/arellano-named-a-fellow-of-the-econometric-society-key.jpg" class="i9-c-key-image__negative-image" /&gt;
&lt;div class="small"&gt;Cristina Arellano&lt;/div&gt;
&lt;/figure&gt;
&lt;p&gt;Cristina Arellano has been elected a &lt;a rel="noopener noreferrer" href="https://www.econometricsociety.org/society/news/The-Econometric-Society-Announces-its-2024-Fellows-2024-10-11.html" target="_blank"&gt;fellow of the Econometric Society for 2024&lt;/a&gt;. Arellano is the assistant director of policy and a monetary advisor at the Federal Reserve Bank of Minneapolis.  She is also an instructor at the University of Minnesota.
&lt;/p&gt;
&lt;p&gt;The Econometric Society is a prestigious international society for the advancement of economic theory in its relation to statistics and mathematics.
&lt;/p&gt;
&lt;p&gt;Arellano has published path-breaking research on a wide range of topics, including sovereign debt, fiscal policy, and business cycles. This research sheds light on important macroeconomic events experienced by countries around the world, with the goal of supporting better economic policymaking.
&lt;/p&gt;
&lt;p&gt;Her &lt;em&gt;American Economic Review&lt;/em&gt; paper “Default Risk and Income Fluctuations in Emerging Economies” is widely taught in courses in the United States and abroad. Arellano’s work has also appeared in the &lt;em&gt;Journal of Political Economy&lt;/em&gt;, the &lt;em&gt;Review of Economic Studies&lt;/em&gt;, and the &lt;em&gt;Journal of International Economics&lt;/em&gt;, among others.
&lt;/p&gt;
&lt;p&gt;The Econometric Society elects new fellows each year. Arellano joins two other economists of the Federal Reserve Bank of Minneapolis, Juan Pablo Nicolini and Manuel Amador, who were also elected by the society in 2009 and 2020, respectively.
&lt;/p&gt;
&lt;hr /&gt;
&lt;p&gt;The Federal Reserve Bank of Minneapolis is one of 12 regional Reserve Banks that, with the Board of Governors in Washington, D.C., make up the Federal Reserve System, the nation’s central bank. The Federal Reserve Bank of Minneapolis is responsible for the Ninth Federal Reserve District, which includes Montana, North and South Dakota, Minnesota, northwestern Wisconsin, and the Upper Peninsula of Michigan. The Federal Reserve Bank of Minneapolis participates in setting national monetary policy, supervises numerous banking organizations, and provides a variety of payments services to financial institutions and the U.S. government.&lt;/p&gt;</decription>
      <pubDate>Thu, 05 Dec 2024 16:19:37 GMT</pubDate>
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      <link>https://sc103-mplsfed-prod-cd.mac-p-sitecore-ase-6.appserviceenvironment.net/news-releases/2024/minneapolis-fed-names-anderson-to-avp-of-technology-division</link>
      <title>Minneapolis Fed names Anderson to AVP of Technology Division</title>
      <decription>&lt;figure class="i9-c-key-image__negative-margin"&gt;&lt;img class="i9-c-key-image__negative-image" src="/-/media/assets/news/2024/minneapolis-fed-names-anderson-to-avp-of-technology-division/minneapolis-fed-names-anderson-to-avp-of-technology-division-key.jpg" alt="Alternative Text" data-ip="true" /&gt;&lt;figcaption class="i9-c-key-image__citation"&gt;&lt;span&gt;LuAnn Anderson&lt;/span&gt;&lt;/figcaption&gt;&lt;/figure&gt;
&lt;p&gt;LuAnn Anderson has been named an assistant vice president in the Technology Division of the Federal Reserve Bank of Minneapolis.&lt;/p&gt;
&lt;p&gt;In this role, Anderson will lead teams that provide a range of technical and engineering support services for the Minneapolis Fed’s operations and events teams. She will also be responsible for teams that support executive leadership collaboration technology and proactive issue resolution for the entire Federal Reserve System.&lt;/p&gt;
&lt;p&gt;Anderson was previously the director of Endpoint Services, where she demonstrated operations excellence and led initiatives that strengthened the Minneapolis Fed’s contributions to the Federal Reserve System. Since joining the Bank in 1992, she has also gained expertise in information security, project management, and service management.&lt;/p&gt;
&lt;p&gt;She graduated with a bachelor’s degree in communication from Bethel University.&lt;/p&gt;
&lt;hr /&gt;
&lt;p&gt;The Federal Reserve Bank of Minneapolis is one of 12 regional Reserve Banks that, with the Board of Governors in Washington, D.C., make up the Federal Reserve System, the nation’s central bank. The Federal Reserve Bank of Minneapolis is responsible for the Ninth Federal Reserve District, which includes Montana, North and South Dakota, Minnesota, northwestern Wisconsin, and the Upper Peninsula of Michigan. The Federal Reserve Bank of Minneapolis participates in setting national monetary policy, supervises numerous banking organizations, and provides a variety of payments services to financial institutions and the U.S. government.&lt;/p&gt;</decription>
      <pubDate>Thu, 05 Dec 2024 16:19:04 GMT</pubDate>
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      <link>https://sc103-mplsfed-prod-cd.mac-p-sitecore-ase-6.appserviceenvironment.net/news-releases/2024/minneapolis-fed-names-kytonen-and-lomeli-to-new-leadership-positions</link>
      <title>Minneapolis Fed names Kytonen and Lomeli to new leadership positions</title>
      <decription>&lt;figure class="i9-c-key-image__negative-margin"&gt;&lt;img class="i9-c-key-image__negative-image" src="/-/media/assets/news/2024/minneapolis-fed-names-kytonen-and-lomeli-to-new-leadership-positions/kytonen-lomeli-news-release-key.jpg" alt="Alternative Text" data-ip="true" /&gt;&lt;figcaption class="i9-c-key-image__citation"&gt;&lt;span&gt;Amy Kytonen and Jorge Lomeli&lt;/span&gt;&lt;/figcaption&gt;&lt;/figure&gt;
&lt;p&gt;The Federal Reserve Bank of Minneapolis has announced two leadership changes. Amy Kytonen will assume the role of chief operating officer and vice president of the Treasury Services Division, and Jorge Lomeli will assume the role of vice president for the Administrative Services Division.
&lt;/p&gt;
&lt;p&gt;&lt;strong&gt;Amy Kytonen&lt;/strong&gt; will be responsible for day-to-day operations of the Treasury Services Division, including budget oversight, communications, and change management; she will also lead strategic planning and reporting. Kytonen was formerly vice president of the Credit Risk Management, Payment System Risk, and Reserves function of the Minneapolis Fed, and she has extensive experience leading initiatives across the Federal Reserve System.
&lt;/p&gt;
&lt;p&gt;&lt;strong&gt;Jorge Lomeli&lt;/strong&gt; will assume the role of vice president for the Administrative Services Division, where he will lead units supporting Law Enforcement, Facilities Management, and Cash Services. In addition, he will serve as the administrative officer for the Ninth District Federal Reserve Financial Services employees. Lomeli steps into this role from his former position of chief financial officer and vice president of the Financial Management Group, which consists of financial and managerial accounting, financial planning and analysis, accounts payable, and procurement.
&lt;/p&gt;
&lt;p&gt;Liz Leake, assistant vice president of the Financial Management Group, will serve as interim vice president and CFO.
&lt;/p&gt;
&lt;hr /&gt;
&lt;p&gt;The Federal Reserve Bank of Minneapolis is one of 12 regional Reserve Banks that, with the Board of Governors in Washington, D.C., make up the Federal Reserve System, the nation’s central bank. The Federal Reserve Bank of Minneapolis is responsible for the Ninth Federal Reserve District, which includes Montana, North and South Dakota, Minnesota, northwestern Wisconsin, and the Upper Peninsula of Michigan. The Federal Reserve Bank of Minneapolis participates in setting national monetary policy, supervises numerous banking organizations, and provides a variety of payments services to financial institutions and the U.S. government.&lt;/p&gt;</decription>
      <pubDate>Thu, 05 Dec 2024 16:17:13 GMT</pubDate>
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      <link>https://sc103-mplsfed-prod-cd.mac-p-sitecore-ase-6.appserviceenvironment.net/news-releases/2024/new-members-named-to-center-for-indian-country-development-leadership-council</link>
      <title>New members named to Center for Indian Country Development Leadership Council</title>
      <decription></decription>
      <pubDate>Wed, 04 Dec 2024 19:46:18 GMT</pubDate>
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      <link>https://sc103-mplsfed-prod-cd.mac-p-sitecore-ase-6.appserviceenvironment.net/news-releases/2024/minneapolis-fed-welcomes-20242025-class-of-institute-visiting-scholars</link>
      <title>Minneapolis Fed welcomes 20242025 class of Institute visiting scholars</title>
      <decription>&lt;p&gt;The &lt;a href="/institute"&gt;Opportunity &amp; Inclusive Growth Institute&lt;/a&gt; announced the 2024–2025 cohort of visiting scholars selected to conduct research while in residence at the Federal Reserve Bank of Minneapolis.
&lt;/p&gt;
&lt;p&gt;Institute visiting scholars will research questions that address how to increase economic opportunity for all Americans. These scholars bring with them a broad range of technical expertise and research interests, including international trade and public health.
&lt;/p&gt;
&lt;p&gt;“In some ways, this year’s cohort is an exciting mix of old and new. We’re welcoming back some folks who participated in mentoring initiatives at the Institute and Minneapolis Fed—it’s exciting to see their careers develop and to welcome them as scholars,” said Institute Director Abigail Wozniak. “At the same time, we’re expanding the ways our in-person visits can be even more impactful, such as bringing in co-author teams that don’t typically get to work together in the same space.”
&lt;/p&gt;
&lt;p&gt;In addition to the visiting scholar program, the Institute hosts an annual research conference to convene academic and policy experts from across the country to discuss leading edge research related to the Institute’s mission.
&lt;/p&gt;
&lt;p&gt;“We are looking forward to welcoming this new cohort of visiting scholars. They bring different perspectives and impressive research skills,” said Alessandra Fogli, assistant director for inequality research. “We are eager to collaborate with them in our efforts to promote an inclusive path for economic growth.”
&lt;/p&gt;
&lt;p&gt;Since 2017, the Institute has hosted a total of 133 &lt;a href="/institute/visiting-scholars"&gt;visiting scholars&lt;/a&gt; in seven cohorts. The following scholars make up the Institute’s &lt;a href="/institute/visiting-scholars/2024-2025"&gt;eighth cohort&lt;/a&gt;.
&lt;/p&gt;
&lt;h2&gt;2024–2025 visiting scholar roster&lt;/h2&gt;
&lt;ul&gt;
    &lt;li&gt;&lt;strong&gt;Orazio Attanasio&lt;/strong&gt;, Cowles Professor of Economics, Yale University &lt;/li&gt;
    &lt;li&gt;&lt;strong&gt;Kristy Buzard&lt;/strong&gt;, Associate Professor of Economics, Syracuse University  &lt;/li&gt;
    &lt;li&gt;&lt;strong&gt;Pauline Carry&lt;/strong&gt;, Postdoctoral Fellow, Princeton University  &lt;/li&gt;
    &lt;li&gt;&lt;strong&gt;Taha Choukhmane&lt;/strong&gt;, Assistant Professor of Finance, Massachusetts Institute of Technology, Sloan School of Management &lt;/li&gt;
    &lt;li&gt;&lt;strong&gt;Angela Crema&lt;/strong&gt;, Postdoctoral Associate, Broad Center at Yale School of Management &lt;/li&gt;
    &lt;li&gt;&lt;strong&gt;Eduardo Dávila&lt;/strong&gt;, Assistant Professor of Economics, Yale University  &lt;/li&gt;
    &lt;li&gt;&lt;strong&gt;Laura Gee&lt;/strong&gt;, Associate Professor of Economics, Tufts University  &lt;/li&gt;
    &lt;li&gt;&lt;strong&gt;Matthew Harvey&lt;/strong&gt;, Assistant Professor of Economics, University of Washington Tacoma  &lt;/li&gt;
    &lt;li&gt;&lt;strong&gt;Chi Hyun Kim&lt;/strong&gt;, Postdoctoral Researcher, University of Bonn &lt;/li&gt;
    &lt;li&gt;&lt;strong&gt;Lucie Lebeau&lt;/strong&gt;, Research Economist, Federal Reserve Bank of Dallas  &lt;/li&gt;
    &lt;li&gt;&lt;strong&gt;Gary Lyn&lt;/strong&gt;, Assistant Professor of Economics, Iowa State University  &lt;/li&gt;
    &lt;li&gt;&lt;strong&gt;Lukas Mann&lt;/strong&gt;, Assistant Professor of Economics, Arizona State University &lt;/li&gt;
    &lt;li&gt;&lt;strong&gt;Joseph Mullins&lt;/strong&gt;, Assistant Professor of Economics, University of Minnesota &lt;/li&gt;
    &lt;li&gt;&lt;strong&gt;Yewande Olapade&lt;/strong&gt;, Economist in Supervision, Regulation, and Credit, Federal Reserve Bank of Minneapolis  &lt;/li&gt;
    &lt;li&gt;&lt;strong&gt;Vito Peragine&lt;/strong&gt;, Professor of Economics, University of Bari &lt;/li&gt;
    &lt;li&gt;&lt;strong&gt;Hugo Reichardt&lt;/strong&gt;, Junior Researcher (Assistant Professor), Centre de Recerca en Economia Internacional  &lt;/li&gt;
    &lt;li&gt;&lt;strong&gt;Olga Stoddard&lt;/strong&gt;, Assistant Professor of Economics, Brigham Young University &lt;/li&gt;
    &lt;li&gt;&lt;strong&gt;Fatou Thioune&lt;/strong&gt;, Assistant Professor, Dickinson College &lt;/li&gt;
    &lt;li&gt;&lt;strong&gt;Brenden Timpe&lt;/strong&gt;, Assistant Professor of Economics, University of Nebraska–Lincoln &lt;/li&gt;
&lt;/ul&gt;
&lt;hr /&gt;
&lt;p&gt;The Federal Reserve Bank of Minneapolis is one of 12 regional Reserve Banks that, with the Board of Governors in Washington, D.C., make up the Federal Reserve System, the nation’s central bank. The Federal Reserve Bank of Minneapolis is responsible for the Ninth Federal Reserve District, which includes Montana, North and South Dakota, Minnesota, northwestern Wisconsin, and the Upper Peninsula of Michigan. The Federal Reserve Bank of Minneapolis participates in setting national monetary policy, supervises numerous banking organizations, and provides a variety of payments services to financial institutions and the U.S. government.&lt;/p&gt;</decription>
      <pubDate>Wed, 04 Dec 2024 19:45:39 GMT</pubDate>
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      <link>https://sc103-mplsfed-prod-cd.mac-p-sitecore-ase-6.appserviceenvironment.net/news-releases/2024/minneapolis-fed-appoints-weber-to-risk-and-compliance-leadership-team</link>
      <title>Minneapolis Fed appoints Weber to Risk and Compliance leadership team</title>
      <decription>&lt;figure class="i9-c-key-image__negative-margin"&gt;&lt;img alt="" src="/-/media/assets/news/2024/minneapolis-fed-appoints-weber-to-risk-and-compliance-leadership-team/minneapolis-fed-appoints-weber-to-risk-and-compliance-leadership-team-key.jpg" class="i9-c-key-image__negative-image" /&gt;
&lt;div class="small"&gt;Stephanie Weber&lt;/div&gt;
&lt;/figure&gt;
&lt;p&gt;Stephanie Weber has been appointed vice president of the Risk and Compliance division by the Federal Reserve Bank of Minneapolis Board of Directors, effective June 1. In this role, she will lead teams that identify and evaluate risk and support adherence to the highest standard of compliance in all Bank activities and procurement.
&lt;/p&gt;
&lt;p&gt;Weber joined the Bank in 2004 and most recently served as assistant vice president of Community and Regional Supervision, Mergers and Acquisitions, Enforcement, and Exam Operations. In this role she led teams that ensure the safety and soundness of state member banks and holding companies, and improve efficiency and effectiveness of community banking supervision processes.
&lt;/p&gt;
&lt;p&gt;For her work supporting the Federal Reserve System’s rollout of two compliance tools for small banks, she was given a 2021 William Taylor Award for excellence in bank supervision by the Federal Reserve Board of Governors.
&lt;/p&gt;
&lt;p&gt;Weber holds a bachelor’s degree from Luther College, a master’s degree in management from the College of St. Scholastica, and an MBA from Northeastern University, Boston.
&lt;/p&gt;
&lt;hr /&gt;
&lt;p&gt;The Federal Reserve Bank of Minneapolis is one of 12 regional Reserve Banks that, with the Board of Governors in Washington, D.C., make up the Federal Reserve System, the nation’s central bank. The Federal Reserve Bank of Minneapolis is responsible for the Ninth Federal Reserve District, which includes Montana, North and South Dakota, Minnesota, northwestern Wisconsin, and the Upper Peninsula of Michigan. The Federal Reserve Bank of Minneapolis participates in setting national monetary policy, supervises numerous banking organizations, and provides a variety of payments services to financial institutions and the U.S. government.&lt;/p&gt;</decription>
      <pubDate>Wed, 04 Dec 2024 19:44:13 GMT</pubDate>
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      <guid isPermaLink="false">{67E55C1F-284A-48CB-BC96-3A4CC7EFCA88}</guid>
      <link>https://sc103-mplsfed-prod-cd.mac-p-sitecore-ase-6.appserviceenvironment.net/news-releases/2024/minneapolis-fed-appoints-kolb-to-svp-of-information-technology-and-program-assurance-function</link>
      <title>Minneapolis Fed appoints Kolb to SVP of Information Technology and Program Assurance function</title>
      <decription>&lt;figure class="i9-c-key-image__negative-margin"&gt;&lt;img alt="" src="/-/media/assets/news/2024/minneapolis-fed-appoints-kolb-to-svp-of-information-technology-and-program-assurance-function/minneapolis-fed-appoints-kolb-to-svp-of-information-technology-and-program-assurance-function-key.jpg" class="i9-c-key-image__negative-image" /&gt;
&lt;div class="small"&gt;Cara Kolb&lt;/div&gt;
&lt;/figure&gt;
&lt;p&gt;Cara Kolb was appointed senior vice president of the Information Technology and Program Assurance function by the Federal Reserve Bank of Minneapolis Board of Directors, effective June 16.
&lt;/p&gt;
&lt;p&gt;In this role, Kolb will lead IT teams responsible for delivering solutions that address evolving business needs and strategic priorities.
&lt;/p&gt;
&lt;p&gt;Kolb’s career with the Federal Reserve began in 2004. She has held various positions in Treasury Services and IT, and most recently served as vice president for National IT’s Client Services Business Enablement team. During her time at the Fed, Kolb has led the National IT End User Services’ Solutions Management team, Business Management and Internal Communications team, and Endpoint, Messaging and Mobility Operations team. She has also served as the director of the National Service Desk.
&lt;/p&gt;
&lt;p&gt;Kolb is an established and respected partner across the Board of Governors, Federal Reserve System, National IT, and Bank stakeholders.
&lt;/p&gt;
&lt;p&gt;Kolb has a B.A. in history and sociology from the University of Minnesota and an M.A. in management from Hamline University.
&lt;/p&gt;
&lt;hr /&gt;
&lt;p&gt;The Federal Reserve Bank of Minneapolis is one of 12 regional Reserve Banks that, with the Board of Governors in Washington, D.C., make up the Federal Reserve System, the nation’s central bank. The Federal Reserve Bank of Minneapolis is responsible for the Ninth Federal Reserve District, which includes Montana, North and South Dakota, Minnesota, northwestern Wisconsin, and the Upper Peninsula of Michigan. The Federal Reserve Bank of Minneapolis participates in setting national monetary policy, supervises numerous banking organizations, and provides a variety of payments services to financial institutions and the U.S. government.&lt;/p&gt;</decription>
      <pubDate>Wed, 04 Dec 2024 19:43:51 GMT</pubDate>
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      <link>https://sc103-mplsfed-prod-cd.mac-p-sitecore-ase-6.appserviceenvironment.net/news-releases/2024/heinecke-named-svp-of-supervision-regulation-and-credit</link>
      <title>Heinecke named SVP of Supervision Regulation and Credit</title>
      <decription>&lt;figure class="i9-c-key-image__negative-margin"&gt;&lt;img alt="" src="/-/media/assets/news/2024/heinecke-named-svp-of-supervision-regulation-and-credit/heinecke-named-svp-of-supervision-regulation-and-credit-key.jpg" class="i9-c-key-image__negative-image" /&gt;
&lt;div class="small"&gt;Ken Heinecke&lt;/div&gt;
&lt;/figure&gt;
&lt;p&gt;Ken Heinecke has been named senior vice president of Supervision, Regulation, and Credit for the Federal Reserve Bank of Minneapolis. In this role, he will lead the regional supervision and regulation of bank holding companies and state member banks in the Ninth District.
&lt;/p&gt;
&lt;p&gt;Previously, Ken served as the vice president overseeing the safety and soundness function and as a senior leader of U.S. stress testing.
&lt;/p&gt;
&lt;p&gt;“Ken is a strong leader both in the Minneapolis Fed and across the Federal Reserve System. He brings deep, relevant experience to this important role, having helped lead stress testing of the country’s most systemically important banks,” said Neel Kashkari, Bank president and CEO.
&lt;/p&gt;
&lt;p&gt;He steps into the position vacated by Christine Gaffney, who was named the senior vice president of Treasury Services earlier this year.
&lt;/p&gt;
&lt;p&gt;Ken has a B.A. in economics from Luther College and an M.A. in economics from the University of Iowa. He also has chartered financial analyst and chartered alternative investment analyst designations.
&lt;/p&gt;
&lt;hr /&gt;
&lt;p&gt;The Federal Reserve Bank of Minneapolis is one of 12 regional Reserve Banks that, with the Board of Governors in Washington, D.C., make up the Federal Reserve System, the nation’s central bank. The Federal Reserve Bank of Minneapolis is responsible for the Ninth Federal Reserve District, which includes Montana, North and South Dakota, Minnesota, northwestern Wisconsin, and the Upper Peninsula of Michigan. The Federal Reserve Bank of Minneapolis participates in setting national monetary policy, supervises numerous banking organizations, and provides a variety of payments services to financial institutions and the U.S. government.
&lt;/p&gt;</decription>
      <pubDate>Tue, 25 Jun 2024 13:30:02 GMT</pubDate>
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