Cleveland Fed Names Former Goldman Executive Hammack as New President usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.
Today, Federal Reserve officials will give us insight into their thought process and the "Beige Book" will detail economic conditions ahead of their mid-June meeting.
Beth M. Hammack will assume the role of president and chief executive officer of the Federal Reserve Bank of Cleveland. With over thirty years of experience in finance and risk management, Hammack will represent the Fourth Federal Reserve District on the Federal Open Market Committee and oversee the Cleveland Fed’s 1,100 employees. With a background encompassing various facets of finance, including stints at the U.S. Department of the Treasury and the financial industry, Hammack brings a wealth