Michael Held is general counsel and executive vice president of the Legal Group at the Federal Reserve Bank of New York. He oversees the day-to-day operations of the group, which include Legal, Bank Applications, Compliance, the Corporate Secretary's Office, Federal Reserve Law Enforcement Unit and Records Management. Michael is also a member of the Bank’s Management Committee. In addition, he serves as deputy general counsel of the Federal Open Market Committee.
Mr. Held joined the New York Fed 18 years ago as a staff attorney. For the past eight years, he has been deputy general counsel and a senior vice president in the Legal Group where he established and managed the corporate affairs division and advised senior management on corporate governance, ethics and conflicts of interest, employment law and a host of other matters affecting the New York Fed. He has also been corporate secretary for the New York Fed for the past 10 years where he advised the New York Fed's board of directors regarding its oversight responsibilities during and after the financial crisis and served as the New York Fed's representative on the Presidential Transition Team in connection with Secretary Timothy Geithner's nomination and confirmation as U.S. Secretary of the Treasury
Prior to joining the New York Fed, Mr. Held was an associate at McDermott, Will & Emery, LLP in the litigation department and prior to that, he was an associate at Kaye Scholer LLP in the labor and employment department.
Mr. Held holds a bachelor's degree from Cornell University in Human Service Studies and a juris doctor degree from New York University School of Law.