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 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.
President Tom Barkin discusses what he’s seeing in the data, hearing from businesses and expecting in the months to come.
President Tom Barkin discusses the hurdles to and potential for growth in rural communities.
President Tom Barkin shares advice with the graduating class at Vance-Granville Community College.
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.
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.
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.
In his latest “Worth Watching: Economic Insights with Tom Barkin,” Tom shares how one small business has evolved its thinking on pricing.
The Odd Lots podcast hosts join Tom on a community conversation in North Carolina to see and hear firsthand how Tom uses on-the-ground conversations to shape his views on the economy and monetary policy.
Tom raises another area worth watching: potential enduring impacts of the pandemic on the U.S. economy.
