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Learn about the history of the New York Fed and central banking in the United States through articles, speeches, photos and video.
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The Governance & Culture Reform hub is designed to foster discussion about corporate governance and the reform of culture and behavior in the financial services industry.
Selected speeches by former presidents of the New York Fed reflect on the history, philosophy and independence of the Fed. |
Timothy F. Geithner (bio) Served from 2003 to 2009 Reducing Systemic Risk in a Dynamic Financial System |
William J. McDonough (bio) Served from 1993 to 2003 An Independent Central Bank in a Democratic Country: The Federal Reserve Experience 613 kb |
E. Gerald Corrigan (bio) Served from 1985 - 1993 Securing a More Balanced Global Economy 442 kb |
Anthony M. Solomon (bio) Served from 1980 - 1984 Unresolved Issues in Monetary Policy 621 kb |
Paul A. Volcker (bio) Served from 1975 - 1979 The Contributions and Limitations of "Monetary" Analysis 685 kb |
Alfred Hayes (bio) Served from 1956 - 1975 The International Monetary System -- Retrospect and Prospect 591 kb |
Allan Sproul (bio) |
George L. Harrison (bio) |
Benjamin Strong (bio) The Formation of the Federal Reserve System |
Sources
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The excerpts from speeches by Benjamin Strong through E. Gerald Corrigan appeared in: Federal Reserve Bank of New York Quarterly Review: 75th Anniversary Issue 1989, 56 pages / 4 mb The speech by William J. McDonough appeared in the Quarterly Review's Spring 1994 Issue. |