Mary C. Daly

Mary C. Daly is president and chief executive officer of the Federal Reserve Bank of San Francisco. In 2024, she is a voting member of the Federal Open Market Committee, the monetary policymaking body of the Federal Reserve System.

Daly assumed leadership of the San Francisco Fed in 2018, building on a distinguished career as a labor economist, policy advisor, and leader. Daly’s extensive research portfolio covers a broad range of topics that are centered on understanding how the economy works for people. Her work has been published in major journals and used in many aspects of monetary and public policy formation. She has been an advisor to the Congressional Budget Office, the Social Security Administration, the Institute of Medicine, and the Library of Congress. She has also held visiting positions at multiple universities and research institutes.

Daly believes that policymakers make better policy when they listen to and learn from the people it affects. Whether in government, business, or the community, every voice matters. With these core tenets in mind, Daly strives to demystify economics and amplify voices from the communities she serves. She is the creator of the popular podcast “Zip Code Economies,” which helps listeners develop a richer understanding of the economy by underscoring the power of shared experiences. As part of her commitment to the community, Daly serves on the Urban Institute’s Board of Trustees and has previously served as an advisor to the Center for First-Generation Student Success. Daly completed a post-doctoral fellowship at Northwestern University and holds a Ph.D. from Syracuse University, a master’s degree from the University of Illinois Urbana-Champaign, and a bachelor’s degree from the University of Missouri-Kansas City.

Updated June 2024