At the New York Fed, our mission is to make the U.S. economy stronger and the financial system more stable for all segments of society. We do this by executing monetary policy, providing financial services, supervising banks and conducting research and providing expertise on issues that impact the nation and communities we serve.
The New York Innovation Center bridges the worlds of finance, technology, and innovation and generates insights into high-value central bank-related opportunities.
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Learn about the history of the New York Fed and central banking in the United States through articles, speeches, photos and video.
As part of our core mission, we supervise and regulate financial institutions in the Second District. Our primary objective is to maintain a safe and competitive U.S. and global banking system.
The Governance & Culture Reform hub is designed to foster discussion about corporate governance and the reform of culture and behavior in the financial services industry.
Need to file a report with the New York Fed? Here are all of the forms, instructions and other information related to regulatory and statistical reporting in one spot.
The New York Fed works to protect consumers as well as provides information and resources on how to avoid and report specific scams.
The Federal Reserve Bank of New York works to promote sound and well-functioning financial systems and markets through its provision of industry and payment services, advancement of infrastructure reform in key markets and training and educational support to international institutions.
The New York Innovation Center bridges the worlds of finance, technology, and innovation and generates insights into high-value central bank-related opportunities.
The growing role of nonbank financial institutions, or NBFIs, in U.S. financial markets is a transformational trend with implications for monetary policy and financial stability.
The New York Fed offers the Central Banking Seminar and several specialized courses for central bankers and financial supervisors.
We are connecting emerging solutions with funding in three areas—health, household financial stability, and climate—to improve life for underserved communities. Learn more by reading our strategy.
The Economic Inequality & Equitable Growth hub is a collection of research, analysis and convenings to help better understand economic inequality.
The Governance & Culture Reform hub is designed to foster discussion about corporate governance and the reform of culture and behavior in the financial services industry.
Anthony M. Solomon became president of the New York Fed and vice chairman of the Federal Open Market Committee on April 1, 1980, at the age of 60, capping long service in the federal government.
Mr. Solomon was born in Arlington, New Jersey, on December 27, 1919. He graduated from the University of Chicago with a bachelor's degree in economics in 1941, and soon afterwards joined the American financial mission to Iran. He entered Harvard University in 1946, and he received a master of arts degree in economics and public administration in 1948. Mr. Solomon spent the next 10 years in Mexico, first as a publisher, and then as president of a Mexican food company. In 1961, he joined the faculty of Harvard. He returned to government service two years later as chairman of various missions, and was later appointed deputy assistant secretary of state for Latin America. From 1965 to 1969, Mr. Solomon was the assistant secretary of state for economic affairs and a member of President Johnsons task force on the reform of the international monetary system. In 1969, he established the International Investment Corp. for Yugoslavia at the request of Robert McNamara, president of the World Bank. He left in 1972 to become an adviser to the chairman of the U.S. House of Representatives Ways and Means Committee, and assisted in the development of trade legislation. Mr. Solomon served as undersecretary of the Treasury for monetary affairs from March 1977 to March 1980. He stepped down as president of the New York Fed on December 31, 1984, upon reaching the retirement age of 65. January 2008 |