Press Releases

Dr. Joseph E. Robertson, Jr. Portland, OR – The Board of Governors of the Federal Reserve System appointed Dr. Joseph E. Robertson, Jr. to the Portland Branch board of directors, effective January 1, 2011. The board of directors provides an economic perspective on the region to both the Federal Reserve Bank of San Francisco’s board […]

David Chen Portland, OR – The Board of Governors of the Federal Reserve System appointed David Chen chairman of the Portland Branch board of directors, effective January 1, 2011. Mr. Chen is CEO and founder of Equilibrium Capital Group LLC, an investment firm focused on real asset sectors impacted by resource constraints and sustainability. The […]

Sandra R. Hernández San Francisco, CA – Sandra R. Hernández, M.D., chief executive officer, The San Francisco Foundation, has joined the Federal Reserve Bank of San Francisco’s Economic Advisory Council for a three-year term ending December 31, 2013. Economic Advisory Council members provide information on current and pending developments in the regional and national economies. […]

The Federal Reserve on Tuesday announced the establishment of offices to promote diversity and inclusion at the Federal Reserve Board and at all 12 of the Federal Reserve Banks. Related Press release from the Board of Governors

Betsy Lawer Nicole Taylor San Francisco, CA – The Federal Reserve Bank of San Francisco announced the election of Ms. Betsy Lawer, vice chair, First National Bank Alaska and Ms. Nicole Taylor, president and chief executive, East Bay Community Foundation to its board of directors. Each will serve three-year terms beginning January 1, 2011. Ms. […]

Scott L. Morris Seattle, WA – The Federal Reserve Bank of San Francisco has appointed Scott L. Morris, chairman, president and chief executive officer of energy company Avista Corp., to its Seattle Branch board of directors. His appointment is for a three-year term and became effective January 1, 2011. Mr. Morris joined Spokane-based Avista Corp. […]

Douglas W. Shorenstein Patricia E. Yarrington San Francisco, CA – The Board of Governors of the Federal Reserve System designated Douglas W. Shorenstein chairman of the Federal Reserve Bank of San Francisco’s board of directors. Patricia E. Yarrington was reappointed as a Class C director for a three-year term, effective January 1, 2011, and designated […]

Janet Yellen Chairman Dodd, Senator Shelby, and members of the Committee, I am honored to appear before you as President Obama’s nominee to serve as a Member and Vice Chair of the Board of Governors of the Federal Reserve System. If I am confirmed to these positions, I look forward to working with this Committee […]

Mary F. Kaiser Alfred A. Plamann San Francisco, CA – Mary F. Kaiser, president of California Community Reinvestment Corporation, and Alfred A. Plamann, president and chief executive of Unified Grocers, Inc., were chosen as chair and vice chair of the Federal Reserve Bank of San Francisco’s Economic Advisory Council. Ms. Kaiser has been on the […]

Janet Yellen San Francisco, CA — Following the White House announcement today that President Obama has asked her to serve as Vice Chairman of the Federal Reserve Board of Governors, Janet L. Yellen, President and Chief Executive Officer of the Federal Reserve Bank of San Francisco said: “I’m honored that President Obama has asked me […]