Presidents of the Federal Reserve Bank of San Francisco
The president of the Federal Reserve Bank of San Francisco is the chief executive officer of the Twelfth Federal Reserve District, headquartered in San Francisco, California. 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 - 1917 | Archibald Kains
Title: Governor of the Federal Reserve Bank of San Francisco
Archibald Kains served as governor of the Federal Reserve Bank of San Francisco from November 25, 1914, to July 5, 1917. -
1917 - 1919 | James K. Lynch
Title: Governor of the Federal Reserve Bank of San Francisco
James K. Lynch served as governor of the Federal Reserve Bank of San Francisco from August 7, 1917, to April 26, 1919. -
1919 - 1936 | John U. Calkins
Title: Governor of the Federal Reserve Bank of San Francisco
John U. Calkins served as governor of the Federal Reserve Bank of San Francisco from May 6, 1919, to February 29, 1936. -
1936 - 1945 | William A. Day
Title: President of the Federal Reserve Bank of San Francisco
William A. Day served as president of the Federal Reserve Bank of San Francisco from April 1, 1936, to December 31, 1945. -
1946 - 1946 | Ira Clerk
Title: President of the Federal Reserve Bank of San Francisco
Ira Clerk served as president of the Federal Reserve Bank of San Francisco from January 1, 1946, to September 28, 1946. -
1946 - 1956 | C. E. Earhart
Title: President of the Federal Reserve Bank of San Francisco
C. E. Earhart served as president of the Federal Reserve Bank of San Francisco from October 17, 1946, to March 1, 1956. -
1956 - 1961 | H. N. Mangels
Title: President of the Federal Reserve Bank of San Francisco
H. N. Mangels served as president of the Federal Reserve Bank of San Francisco from March 1, 1956, to February 28, 1961. -
1961 - 1972 | Eliot J. Swan
Title: President of the Federal Reserve Bank of San Francisco
Eliot J. Swan served as president of the Federal Reserve Bank of San Francisco from March 1, 1961, to June 1, 1972. -
1972 - 1986 | John J. Balles
Title: President of the Federal Reserve Bank of San Francisco
John J. Balles served as president of the Federal Reserve Bank of San Francisco from September 25, 1972, to February 1, 1986. -
1986 - 2004 | Robert T. Parry
Title: President of the Federal Reserve Bank of San Francisco
Robert T. Parry served as president of the Federal Reserve Bank of San Francisco from February 4, 1986, to June 1, 2004. -
2004 - 2010 | Janet L. Yellen
Title: President of the Federal Reserve Bank of San Francisco
Janet L. Yellen served as president of the Federal Reserve Bank of San Francisco from June 14, 2004, to October 4, 2010. -
2011 - 2018 | John C. Williams
Title: President of the Federal Reserve Bank of San Francisco
John C. Williams served as president of the Federal Reserve Bank of San Francisco from March 1, 2011, to June 17, 2018. -
2018 - | Mary C. Daly
Title: President of the Federal Reserve Bank of San Francisco
Mary Daly began her term as president of the Federal Reserve Bank of San Francisco on October 1, 2018.
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 San Francisco. https://fraser.stlouisfed.org/timeline/presidents-frb-sanfrancisco, accessed on November 15, 2024.