Kansas City Fed Names Jeff Schmid as Next President
Jeff Schmid, a former banking regulator and executive, will become the next president and chief executive of the Federal Reserve Bank of Kansas City, the bank…
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Jeff Schmid, a former banking regulator and executive, will become the next president and chief executive of the Federal Reserve Bank of Kansas City, the bank…
Schmid, with more than 40 years of experience as a regulator and banker, will take over Aug. 21 for Esther George, who retired earlier this year.
Will replace Esther George
(Bloomberg) -- The Federal Reserve Bank of Kansas City appointed a longtime former banker and bank regulator its new president to replace Esther George, who retired in January, continuing a history of naming former financial supervisors to lead the bank.Most Read from BloombergFitch’s US Credit Downgrade Sparks Criticism Along With UneaseMissing Goldman Sachs Analyst Confirmed Dead by New York PoliceS&P 500 Drops 1% After Rally as Bond Yields Climb: Markets WrapPoland Sends Troops to Belarus Bor
Mortgage rates rose Wednesday, following Fitch's downgrade of US debt.