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Thomas I. Barkin

Tom Barkin

President and Chief Executive Officer

Tom Barkin is the president and CEO of the Federal Reserve Bank of Richmond. He has held this position since 2018.

Tom serves on the Fed’s chief monetary policy body, the Federal Open Market Committee, and is also responsible for bank supervision and the Federal Reserve’s technology organization. He is “on the ground” continually in the Fed’s Fifth District, which covers South Carolina, North Carolina, Virginia, D.C., West Virginia and Maryland. His engagement in the region has brought real attention to areas facing economic challenges.

Prior to joining the Richmond Fed, Tom was a senior partner and CFO at McKinsey & Company, a worldwide management consulting firm, where he also oversaw McKinsey’s offices in the southern United States.

Tom earned his bachelor’s, MBA and law degrees from Harvard University.

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Explore Tom’s Visits #AroundOurDistrict


Tom is passionate about engaging firsthand with business, civic and community leaders in the regions served by the Richmond Fed, to gain insight into how they are faring. Click on the shaded areas of this interactive map to learn more about his travels, and follow the hashtag #AroundOurDistrict on social media for up-to-date news on his visits and on the Bank's work in our communities.

Accessible version of map data

 

Recent Essays & Speeches


May 10, 2022

Inflation hasn’t been a hot topic for decades. Now that it’s back, it’s clear consumers and businesses dislike it. Richmond Fed President Tom Barkin discusses why and how the Fed is working to contain it.

Cecil County Chamber of Commerce
April 12, 2022

President Tom Barkin explores the conditions we may face once we navigate through the current inflation storm.

Money Marketeers of New York University
March 30, 2022

President Tom Barkin discusses pools of funding available to small towns, the barriers these communities face in accessing funding, and explores potential solutions to these barriers.

Investing in Rural America Conference

Tom’s Perspective


News
Feb. 10, 2022

SIEPR Associates Meeting

President Tom Barkin provides his views on the economy at a virtual Stanford Institute for Economic Policy Research (SIEPR) Associates meeting.

News
Jan. 19, 2022

Why We Care About Rural Communities

Tom Barkin, president of the Federal Reserve Bank of Richmond, discusses the challenges and opportunities facing rural communities and smaller towns, and why the Richmond Fed has been working to address them.

News
Oct. 15, 2021

Full Disclosure with Roben Farzad

Tom Barkin discusses the "Great Resignation," inflation, rusty supply chains and much more before an audience at the University of Richmond's Robins School of Business.

News
Aug. 25, 2021

NCEDA Webinar: What Lies Ahead for the Economy

President Tom Barkin spoke to the North Carolina Economic Development Association and discussed the economy, the pandemic, and prospects for boosting the economic recovery.

News
June 24, 2021

Partners Forum 2021

Tom provided an economic update and discussed inflation at the Greater Raleigh Chamber of Commerce Annual Partners Forum.

News
May 7, 2021

West Virginia Chamber of Commerce

Tom Barkin provided an economic update for members of the West Virginia Chamber and answered questions about the rebounding workforce, supply chain and broadband needs, and the impact of the pandemic.

News
April 7, 2021

Global Interdependence Center

Tom Barkin provided an outlook on monetary policy and discussed labor market scarring, deflation and more with GIC Chair Emeritus Don Rissmiller during GIC's Executive Briefing.

News
Feb. 19, 2021

Carolina Business Review – PBS

Tom was featured in an interview with Carolina Business Review about the pandemic’s long-term impact on business, the economy and related issues.

News
Jan. 7, 2021

Economic Forecast Forum

Tom Barkin offered economic insights related to the ongoing pandemic during this 19th annual forum, hosted by the North Carolina Chamber and the North Carolina Bankers Association.

News
Dec. 4, 2020

Lynchburg Economic Summit

Tom Barkin served as a guest speaker during the Lynchburg Regional Business Alliance's Economic Summit in early December 2020.

News
Nov. 18, 2020

Yahoo Finance

Barkin Talks Economy With Yahoo Finance

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Jim Strader (804) 697-8956 (804) 332-0207 (mobile)