Press Release
Brian Sack to Stay on as Senior Advisor to New York Fed President
June 29, 2012

NEW YORK—The Federal Reserve Bank of New York today announced that Brian Sack has withdrawn his resignation and will remain at the Bank as a senior advisor to New York Fed President William C. Dudley, effective June 30, 2012. As a senior advisor, Mr. Sack will provide analytical expertise and guidance with respect to monetary policy, financial markets and the U.S. economy.

Mr. Sack will step down as head of the Markets Group and Manager of the System Open Market Account (SOMA) today as announced on April 5, 2012, and in his new role, he will no longer be involved in the management of the Markets Group or the SOMA portfolio.

Media Relations

By continuing to use our site, you agree to our Terms of Use and Privacy Statement. You can learn more about how we use cookies by reviewing our Privacy Statement.   Close