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Thomas I. Barkin

Tom Barkin

President and Chief Executive Officer

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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 the Richmond Fed’s 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.

Tom’s Public Engagement #AroundOurDistrict


Tom is passionate about engaging firsthand with business, civic and community leaders in the regions served by the Richmond Fed. These meetings provide insight into how the Fifth District economy is faring, informing Tom’s monetary policy perspective. Click on the shaded areas of this interactive map to learn more about his public engagement, 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. For a running schedule of Tom’s public engagements download the data file below.

 

Schedule of Public Engagement

 

Recent Essays & Speeches


May 16, 2025

President Tom Barkin shares advice with the graduating class at Vance-Granville Community College.

Vance-Granville Community College Commencement Ceremony
Main Campus
Henderson, North Carolina
May 11, 2025

President Tom Barkin delivers the 2025 Main Commencement address at the University of Richmond.

University of Richmond Commencement Ceremony
Robins Center
Richmond, Virginia
March 27, 2025

President Tom Barkin considers the economic outlook amid elevated uncertainty. 

H. Parker Willis Lecture at Washington and Lee University
Elrod University Commons
Lexington, Virginia

Tom’s Perspective


Aug. 26, 2024

Tom sits down with Tracy Alloway and Joe Weisenthal of Odd Lots to discuss what it’s like to be a Fed president at Jackson Hole.

Aug. 2, 2024

Tom and Chris William of Carolina Business Review chat about the data Tom is keeping an eye on ahead of the September FOMC meeting and Tom’s view on whether inflation and unemployment are normalizing.

May 11, 2024

Tom joins Gavin Jackson of South Carolina ETV to talk about the differences in economies across the Fifth District and how they relate to the broader economy.

May 6, 2024

In his latest “Worth Watching: Economic Insights with Tom Barkin,” Tom shares how one small business has evolved its thinking on pricing.

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