John C. Williams

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John C. Williams
John Williams 150x.png
Occupation President
Employer Federal Reserve Bank of San Francisco

John C. Williams is the president and chief executive officer of the Federal Reserve Bank of San Francisco.[1] In April of 2018 the Federal Reserve Bank of New York said Williams would become its next leader, succeeding William Dudley, who is retiring June 17, 2018.

Williams is an economist whose research has influenced top Federal Reserve officials' thinking on monetary policy. As head of the New York Fed, he will hold a permanent vote on the Federal Open Market Committee. The presidents of the Fed’s other 11 regional reserve banks hold voting seats on a rotating basis.[2]

Background

Williams served since 2009 as executive vice president and director of research for the San Francisco bank, which he joined in 2002. He was a top adviser to Janet Yellen when she was president of the San Francisco Fed and succeeded her as president after she became vice chairwoman of the Fed board.

He began his career in 1994 as an economist at the board of governors of the Federal Reserve System.

Education

He holds a Ph.D. in Economics from Stanford University.[3]

Before completing his doctorate at Stanford, he earned a master's degree in Science with distinction in Economics from the London School of Economics in 1989, and an A.B. with high distinction from the University of California at Berkeley in 1984.


References

  1. John C. Williams, President and Chief Executive Officer. Federal Reserve Bank of San Francisco.
  2. New York Fed Picks John Williams as President. The Wall Street Journal.
  3. John C. Williams. Federal Reserve.