Presidents of the Federal Reserve Bank of Kansas City
The president of the Federal Reserve Bank of Kansas City is the chief executive officer of the Tenth Federal Reserve District, headquartered in Kansas City. Missouri. The president also serves on the Federal Open Market Committee (FOMC), which consists of 12 members: the seven members of the Board of Governors of the Federal Reserve System; the president of the Federal Reserve Bank of New York; and four of the remaining 11 Reserve Bank presidents, who serve one-year terms on a rotating basis. Nonvoting Reserve Bank presidents attend FOMC meetings, participate in the discussions, and contribute to the FOMC's assessment of the economy and policy options.
Prior to the enactment of the Banking Act of 1935, the chief executive officer of each Federal Reserve Bank held the title of governor.
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1914 - 1916 | Charles M. Sawyer
Title: Governor of the Federal Reserve Bank of Kansas City
Charles M. Sawyer served as governor of the Federal Reserve Bank of Kansas City from October 16, 1914, to January 4, 1916. -
1916 - 1922 | J. Z. Miller Jr.
Title: Governor of the Federal Reserve Bank of Kansas City
J. Z. Miller Jr. served as governor of the Federal Reserve Bank of Kansas City from January 4, 1916, to July 1, 1922. -
1922 - 1932 | W. J. Bailey
Title: Governor of the Federal Reserve Bank of Kansas City
W. J. Bailey served as governor of the Federal Reserve Bank of Kansas City from July 1, 1922, to January 7, 1932. -
1932 - 1941 | George H. Hamilton
Title: Governor of the Federal Reserve Bank of Kansas City, which was changed to president of the Federal Reserve Bank of Kansas City on March 1, 1936
George H. Hamilton served as governor (later president) of the Federal Reserve Bank of Kansas City from January 7, 1932, to February 28, 1941. -
1941 - 1961 | H. G. Leedy
Title: President of the Federal Reserve Bank of Kansas City
H. G. Leedy served as president of the Federal Reserve Bank of Kansas City from August 28, 1941, to March 1, 1961. -
1961 - 1976 | George H. Clay
Title: President of the Federal Reserve Bank of Kansas City
George H. Clay served as president of the Federal Reserve Bank of Kansas City from March 1, 1961, to February 29, 1976. -
1976 - 1991 | Roger Guffey
Title: President of the Federal Reserve Bank of Kansas City
Roger Guffey served as president of the Federal Reserve Bank of Kansas City from March 1, 1976, to October 1, 1991. -
1991 - 2011 | Thomas M. Hoenig
Title: President of the Federal Reserve Bank of Kansas City
Thomas M. Hoenig served as president of the Federal Reserve Bank of Kansas City from October 1, 1991, to September 30, 2011. -
2011 - 2023 | Esther George
Title: President of the Federal Reserve Bank of Kansas City
Esther George served as president of the Federal Reserve Bank of Kansas City from October 1, 2011, to January 31, 2023. -
2023 - 2023 | Kelly Dubbert (interim)
Title: Interim President of the Federal Reserve Bank of Kansas City
Kelly Dubbert served as interim president of the Federal Reserve Bank of Kansas City from February 1, 2023, to August 20, 2023. -
2023 - | Jeffrey R. Schmid
Title: President of the Federal Reserve Bank of Kansas City
Jeffrey R. Schmid began his term as president of the Federal Reserve Bank of Kansas City on August 21, 2023.
The process for selecting a Federal Reserve Bank president is set forth in the Federal Reserve Act. The president is appointed by the individual Reserve Bank's board of directors and approved by the Board of Governors of the Federal Reserve System for a renewable term of five years. For additional details, see How is a Federal Reserve Bank president selected? published by the Board of Governors.
Presidents of the Federal Reserve Bank of Kansas City. https://fraser.stlouisfed.org/timeline/presidents-frb-kansascity, accessed on November 19, 2024.