WASHINGTON | San Francisco Federal Reserve names Mary Daly as president

14Sep - by Editor - 0 - In STL.News



WASHINGTON | San Francisco Federal Reserve names Mary Daly as president

WASHINGTON — The Federal Reserve Bank of San Francisco on Friday announced the appointment of Mary Daly, a longtime Fed economist and a labor market specialist, as the next president of the regional bank.

Daly replaces John Williams, who became president of the New York Federal Reserve Bank in April. When she begins Oct. 1, Daly will be among three women who lead one of the 12 Fed regional banks. The Fed, under pressure from activist groups, has made efforts to diversify its leadership.

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